NEST is easy to use for employers and workers

NEST for employers

You can use NEST to meet the employer duties that apply to your organisation.

NEST can be used in a variety of ways, for example:

• as a sole scheme for all the workers in an organisation
• for a particular group of workers alongside an existing scheme already in place for a different category of workers
• as an entry-level scheme with immediate access where there is an existing scheme that has a waiting period
• as a base scheme to ensure compliance with the new employer duties, using another pension scheme to pay in additional contributions

NEST for savers

NEST gives you one retirement pot for life that you can continue to contribute to even if you stop working or become self-employed.

You can also keep contributing if you change jobs. If your new employer uses NEST, they can contribute too.

Your contributions, after charges have been deducted, will be paid into your retirement pot, along with any contributions from your employer and any tax relief from the government.