Nest corporation

The National Association of Pension Funds' (NAPF) Default Fund Design and Governance in DC Pensions report highlights some of the trends and features of well-designed defined contribution (DC) funds.

Schemes with good defined contribution (DC) defaults focus on value, reduce volatility and make funds easily adaptable, the National Association of Pension Funds (NAPF) says.

The National Employment Savings Trust has appointed The Co-operative Asset Management as its responsible ownership partner alongside proxy voting agency Manifest.

Low-cost providers set up for auto-enrolment may have to rethink their business model in light of the delay for small businesses.

The National Employment Savings Trust has unveiled some of the 25 employers already using its services.

The National Employment Savings Trust Corporation spent £31m during 2010/11 - including paying £5m in interest payments on a Department for Work and Pensions loan, the balance of which has hit £120m.

The low charges set by the National Employment Savings Trust will set a benchmark with which pension providers will have to compete, Legal & General says.

A £1.3bn plumbers' pension scheme is urging Steve Webb to ditch plans to scrap contracting-out rebates because it will put it into direct competition with NEST.

NEST Corporation has appointed chairmen for its employer and member panels.

The National Employment Savings Trust has appointed F&C Asset Management and HSBC Global Asset Management to manage its ethical and Sharia funds, respectively, it announced today.