You can get set up with Nest online in a few simple steps. To help you prepare your business, we’re here with a breakdown of our process and the information you need at every stage.
You get started by creating your online Nest account. This is where you get set up and complete your ongoing tasks.
Some payroll software packages can set your Nest account up for you – ask your payroll provider if they’re able to help.
There are five set-up tasks you need to work through in your account. These are:
Once you’ve done these tasks, you’re ready to enrol your workers and make contributions.
As part of your legal duties, you have to inform your workers in writing about their pension rights. Your pension duties toolkit tells you what you need to send and has communication templates you can use.
We asked some businesses how long it took them to sign up with us. Many employers are able to set up their Nest account in under an hour.
The time it takes is different for each business. For instance, it could take you longer if you have multiple pay periods. You’ll have multiple periods if, for example, you run weekly and monthly payrolls.
We want to save you time by making sure you can complete our sign-up process in a single sitting. To help you do that, here’s a breakdown of the information you need to collect before you get started.
Information we need:
Information to get ready:
If other people will be helping you to manage your Nest account, you need to enter information about each one of them. This includes:
If you’re using a payroll administrator, you need:
Information to get ready:
If you’re using payroll software, it’s important that you set up your Nest account using the same pay periods you use in your software. For example, if you pay your workers monthly, you need to choose this option when you set up with us too.
You’ll usually find clear instructions within your software that explain how you set it up with Nest.
Information to get ready:
Now you know the basics, your step-by-step guide to signing up is here to give you more detailed information and walk you through the process.
Don’t forget, you can get support with some, or all of your duties if you want to. This includes setting up your account. Find out more about the types of help available to you.
When you choose Nest, you’re doing the best you can for the people who work with you. All with as little effort as possible.