Close
- About pensions
- Your Nest pension
- Investing your pension
- Retirement
- Support
- Member's menu
-
Close
- Home
- About pensions
- Your Nest pension
- Investing your pension
- Retirement
- Support
- Member's menu
-
Close
- Overview
- Take our three-step pension check
- What kind of retirement do you want?
- Calculate your retirement income
- How much should I save for my pension?
- How to grow your pension
- The advantage of saving early
- Why it's never too late to save
- How lifestyle changes affect your savings
- Member's menu
-
Close
- Support
- Help centre
- Contact us
Order and rules
Nest’s order is the legal document that establishes the scheme and appoints Nest Corporation as the Trustee. This can only be amended by Parliament.
The Nest rules document sets out how the scheme is designed and operates. This can be amended by Nest Corporation.
Together the Nest order and rules make up the governing documentation of the scheme.
Nest’s order and rules took effect on 5 July 2010.
The Nest order was last amended on 29 April 2026 to allow Nest to offer flexi access drawdown and related benefits.
The Nest Rules were last amended on 31 August 2026 to provide additional detail and a broad framework for flexi-access drawdown and those related retirement and death benefits that were introduced when the Order was amended.
Help with the small print
Our straightforward guide summarises the key points in Nest's order and rules. It can help you understand why Nest has certain features and obligations.
Help with the small print
Our straightforward guide summarises the key points in Nest's order and rules. It can help you understand why Nest has certain features and obligations.
Full order and rules (PDF)
Investment principles
The Statement of investment principles (SIP) sets out how Nest will invest members’ money.
Freedom of Information Act
Nest Corporation is a public authority which means you can request information from us if you want to.
Policies and plans
We think it’s important to be clear about how we operate and what we do. We’ve set this out in documents like our corporate plans for the years ahead.
Procurement
Nest Corporation works to comply with public sector procurement rules and principles.
Complaints
We’re committed to dealing with any concerns you may have about Nest in a timely manner.
How Nest is run
As a public corporation we have no owners or shareholders. This means we’re free to run the scheme in the interests of our members.