What does NEST offer?

NEST is a simple and low-cost pension scheme designed to give its members an easy way of building up their retirement pot.

NEST helps employers to meet their new duties when they start to be introduced from 2012. Employers can also apply to join NEST early, helping them get up and running ahead of pension reform.

What NEST offers savers

• You'll get clear information and you can keep track of your pot online at any time
• You can choose to just keep on saving and let NEST manage your retirement pot
• You'll have one NEST retirement pot which you can keep paying into whether you change jobs, become self-employed or stop working
• If your new employer also uses NEST you can continue to get employer contributions paid into your pot
• NEST will aim to keep charges low. That means more of your contributions, your employer’s contributions and any money the government pays in through tax relief goes into your retirement pot

What NEST offers employers

• NEST helps you to meet your new employer duties whether you're a small, medium or large employer. You can also contribute more than the minimum for your workers if you want to
• NEST offers clear communications so your workers have 24/7 access to straightforward information online without having to go through you
• NEST uses an investment approach that's built around the needs of its members, such as your workers
• Members' retirement pots travel with them throughout their working life so there’s no ongoing administration for you if someone leaves your organisation
• If you choose to use NEST early we can provide you with extra support to help you start using the scheme