Nest Insight

Nest Insight is a collaborative public benefit research unit set up by Nest Corporation. It aims to understand the challenges low and moderate income workers can face in achieving a financially secure retirement. It also works to identify and test both policy and market solutions that may help savers get the retirement they want.

The past decade has seen unprecedented changes to the UK pensions landscape as policymakers and providers have worked to address plummeting savings levels and a widening gap between pensions ‘haves’ and ‘have nots’. Automatic enrolment has brought millions of people into pension saving but there remain significant challenges, including:

• how to engage people who start saving through a default mechanism
• how to support self-employed people to save
• how to help people save at an adequate level
• how to improve people’s overall financial wellbeing today and into retirement

We designed Nest to be an easy, transparent and empowering workplace pension scheme that suits the needs of the new generation of defined contribution (DC) pension savers. We’ve taken a strongly evidence-based approach, working in partnership with universities and other research specialists, and conducting consultations to inform our approach. To face the challenges ahead, we set up Nest Insight in 2016 to understand and help solve the challenges facing people whose supplementary retirement income depends on DC savings.

Nest Insight's work builds on our well-established research programme and access to a unique body of data. By working in partnership with industry, academics, innovators and policymakers, Nest Insight is generating insights that could improve the retirement outcomes of millions of DC savers worldwide.

All of Nest Insight’s research is shared widely and freely. To do this, its work depends on sponsorships, grants and in-kind support from organisations with similar research interests, goals and values, to deliver its important work programme.