16 November 2016
Back to news homeToday NEST welcomed the publication of Defaqto’s adviser guide ‘How to analyse auto-enrolment default funds’.
NEST chief investment officer Mark Fawcett commented:
‘As auto enrolment beds in it’s becoming clear that the majority of savers are staying invested in default funds. Defaqto’s guide can support advisers in conducting robust checks on the quality, governance and costs of the variety of default funds on offer for auto-enrolment, so they can be confident the fund they choose is suitable for the majority of a client’s workers.
‘The guide also highlights how many schemes, including NEST, are focused on robust governance and good member outcomes. Defaqto’s analysis indicates NEST’s default investment strategy compares well to others on offer, suggesting it may be time for some advisers to take another look at us.’
‘How to analyse auto-enrolment default funds’ has been independently produced by Defaqto and sponsored by NEST.