NEST hits 100,000 member landmark

clock

The National Employment Savings Trust (NEST) has hit a landmark of over 100,000 participating members, a step towards its target of at least two million members by the end of staging.

At an event for employers and advisers, NEST revealed it is now working with more than 300 large employers, including the hairdressers Headmasters, clothing retailer H&M, pub chain Greene King and publisher Random House. NEST chief executive Tim Jones said the scheme was working with a broad range of employers. He said: "Automatic enrolment is now in full swing and NEST is playing a critical role for many employers. "We will be catering for a broad range of employers, from large to small, across a wide range of sectors. Accordingly, we are continually evolving our services to meet ...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Investment

Larger DC pots hit by weak investment performance

Larger DC pots hit by weak investment performance

Aon’s DC tracker

Holly Roach
clock 01 July 2022 • 4 min read

Adrian Boulding: Managing decumulation journeys through Covid-19 market uncertainties

Adrian Boulding examines what’s happening in the world of investment advice at retirement and considers what the world might look like after the pandemic. Financial plans and strategies will need to be both recession-proof and tax-man proof, he writes...

Jenna Brown
clock 02 September 2020 • 7 min read

Investors plough record amount into tracker funds in 2019

Total retail inflows double the 2018 figure

David Brenchley
clock 06 February 2020 • 2 min read