Nest - National Employment Savings Trust
Information by Research TrustFinance
The National Employment Savings Trust (Nest) is a workplace pension scheme established by the UK government as part of its auto-enrolment program, which began in 2012. It was created to ensure that all employers, particularly smaller ones, have access to a high-quality, low-cost pension scheme to meet their new legal duties. Operating as a trust-based scheme run by the Nest Corporation, a public corporation, it has a public service obligation to accept any employer who wishes to use it. Nest has grown to become one of the largest pension schemes in the UK by membership, managing the retirement savings of millions of workers. Its mission is to help a new generation of savers achieve a better retirement.
United Kingdom
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Financial