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Who runs Nest?

Nest is a trust-based workplace pension scheme run by a Trustee, the Nest Corporation. The Trustee is comprised of up to 15 Board members and the employees of Nest Corporation. The Board members are collectively referred
to as the Board of Nest Corporation, or simply the Board. They’re supported by an executive team and specialists in pensions, product, design, investment, communications and business support.

As a Public corporation, Nest Corporation reports to Parliament through the Secretary of State for Work and Pensions. This includes issuing an annual report setting out what we’ve been doing over the last year and how we’re managing the Nest scheme.

See the Nest Corporation annual report and accounts 2019/2020 (PDF).

The Board

The Chair and Board Members set the strategic direction and objectives of Nest.

The executive team

Day-to-day management of Nest Corporation is delegated by the Board to the executive team.

Employers’ and Members’ Panel

These two panels give us an insight into the views of employers and members to help us decide on the future operation of Nest, as well as developments or changes to the scheme.

Nest is run as a trust

As a public body we have no owners or shareholders. This means we’re free to run the scheme in the interests of our members.

Last updated: 07/20