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Home About Nest Corporation News, press and policy Press releases and updates

Press Releases

04 April 2024

Nest appoints Ian Cornelius as Interim CEO

Ian Cornelius will join the pension scheme as Interim CEO following the departure of Helen Dean, CBE. Nest currently invests £39 billion on behalf of its 13 million members, making it one of the UK’s largest pension schemes.

28 February 2024

Nest announces new thematic approach to investing in listed companies

• Mandate awarded to Lombard Odier Investment Managers • Around £5bn to be invested in the fund by 2030

14 February 2024

Nest’s response to Barclays new energy policy

Barclays has announced a new energy policy to help manage the climate risk facing their business.

16 November 2023

Nest consults on changes to scheme rules

Nest has today issued a consultation on proposals to changes to its scheme rules. These changes ensure Nest continues to respond to its members’ needs.

13 November 2023

Nest selects BlackRock’s Aladdin as its investment risk platform

Nest, the UK’s largest workplace pension scheme by members, and BlackRock, the world’s largest asset manager, today announced a new partnership, where Nest will use BlackRock Aladdin to manage the risk of its entire investment strategy on a single platform.

19 October 2023

Nest growth continues as it renews its commitment to customers

Nest has today published its 2022/23 annual report and accounts for Nest Corporation. The reports highlight the continued growth of its stable, high-quality pension scheme and Nest’s renewed commitment to delivering the best outcomes for its customers, through digital transformation.

28 September 2023

Nest reaffirms long-term commitment to closing pay gap

Nest Corporation has reaffirmed its long-term commitment to increasing diversity and inclusion through the publication of its latest ethnicity and gender pay data. While the reports show room for progress, it also outlines actions the scheme will take to achieve pay parity.

27 September 2023

Procurement underway for Nest to appoint timberland managers

Following a robust market warming exercise, Nest has begun the formal process of appointing one or more fund managers to help its 12 million members invest in timberland (forestry).

16 August 2023

Nest bolstered by responsible investment and user experience design expertise

Nest Pension has today announced two appointments to its governance structure. Minister for Pensions, Laura Trott MBE MP has reappointed Karen Cham to the Nest Board, while the Board has also appointed Katrina Shenton to Nest’s Investment Committee, the body overseeing the pension scheme’s investment strategy.

27 July 2023

Nest launches Fund Administration, Custody and Related Services procurement

Nest has today invited expressions of interest to provide Investment Custody, Fund Administration, and Related Investment Services for Nest Corporation.

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