Nest was set up by the government to do one thing – to help every employer in the UK provide a great workplace pension for their employees.
When you choose Nest, you’re not just complying with the law. You’re doing the best you can for the people who work for you. All with as little effort as possible.
This means we meet rigorous standards when it comes to areas like how we’re run, the processes we follow, and how sustainable the scheme will be well into the future. We also meet the criteria to be a qualifying pension scheme, which means we give you everything you need to be able to use us as your auto enrolment workplace pension.
Our role to serve everybody is written into our scheme rules as a public service obligation, just like the one the NHS or the BBC has. With no shareholders to put ahead of you, it means your needs always come first.
We put a lot of effort into finding out what employers need from us. And we build on the best practice guidance from The Pensions Regulator (TPR) and the Department for Work and Pensions (DWP). This is why you can rely on us to keep you on the right side of regulation, and make everything you need to do as easy as possible. It’s also why we’ve received a Defaqto Five Star rating every year since 2017.
Our Trustee runs the scheme in the interests of our members.
The Trustee is made up of 15 Board Members and the employees of Nest Corporation. Each one of our Board Members goes through a thorough and transparent recruitment process to make sure they’ve got exactly the expertise we need. The Board is supported by an executive team and specialists in pensions, technology, investment, customer service, communications, and more.