The new duties mean that thousands of employers will need to review their pension provision and millions of workers are going to be enrolled.
Our research shows that over half of small to medium-sized employers looking for support will turn to financial advisers.
This is a huge new market that offers significant business opportunities for you.
We’re ready to help you help your clients
NEST was set up by the government specifically for auto enrolment. It’s a high-quality scheme with an award-winning investment approach that’s run solely for the benefit of our members.
We have a public service obligation to help any employer that comes to us to meet their duties. We’ve already welcomed thousands of employers, ranging from the largest to the smallest organisations in the UK. So you can be sure we’ll be ready to help your clients regardless of the size or make-up of their workforce.
See more about using NEST with your clients
Designed around what employers need
When we designed NEST we looked carefully at what employers need and the problems they might find along the way. So we created NEST to be flexible. Whatever your clients’ needs NEST has a solution. Employers can use NEST as:
- a sole scheme for all workers
- an addition to an existing scheme for a particular group of workers
- an entry-level scheme where there’s an existing scheme with a waiting period
- a base scheme with another scheme to top up contributions
- a catch-all scheme for eligible workers who haven’t joined an existing scheme
More than compliant
NEST has been purpose-built for the new pensions market. We’ve taken care to create a scheme that meets all the regulations and best practice guidelines.
But we don’t want to just meet the minimum standards. We do everything we can to make sure that NEST is a high-quality scheme. So when you recommend NEST to your clients, you know you’re offering a great value scheme for their workers while protecting your client from regulatory worries in the future.
We work with some of the biggest and well-respected names in the sector to offer our world-class service. Our fund administrators are State Street Bank, and the scheme administration is delivered by Tata Consultancy Services (TCS). TCS is part of the Tata Group and a top 10 global IT, business solutions and outsourcing company.
Find out more about NEST’s features and benefits
Find out more about how NEST is run