NEST has allocated 5% of assets to private credit and announced its two fund managers for this area. Holly Roach looks at how the provider is leading the way for other schemes
Across the industry, two key discussions are dominating the landscape: ESG and DC investment. Getting the approach to both of these right is vital, says Jonathan Stapleton.
Female members of NEST are three times more likely than men to be under the auto-enrolment (AE) eligibility threshold, but exhibit equal savings behaviour, the provider has found.
The majority of schemes have claimed political and economic uncertainty has led them to disregard contingency planning for the range of potential Brexit outcomes.
Now Pensions, Scottish Widows Master Trust, Aspire Savings Trust, and the ITB Pension Funds have been authorised by The Pensions Regulator (TPR).
With NEST announcing plans to invest 5% of assets in private credit, Jonathan Stapleton queries whether other schemes should be following in its footsteps
NEST has selected two fund managers it will use to invest in private credit, enabling its members to benefit from the private markets investments.
NEST, Aegon Master Trust, Ensign Retirement Plan, Creative Pension Trust and the Baptist Pension Scheme have been authorised by The Pensions Regulator (TPR).
Ten pension schemes representing over 19 million members and more than £150bn in assets under management have written a joint public letter endorsing the Cost Transparency Initiative (CTI).
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.