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you through Covid-19

Icon of exclamation mark Be aware of pension and investment scams

We’ve seen a dramatic rise in email and phishing scams as fraudsters take advantage of uncertainty during the pandemic. Remember to be extra vigilant, and that Nest will only ever send requests for information to your account's secure online mailbox. Our Pension scams and online security page has information on how to keep your pension pot or your business account safe during this time.


We know it’s a difficult time as we face continued uncertainty around coronavirus and disruption to our daily lives. That's why we're committed to helping our members and employers through this period.

How we're continuing to deliver our services to you

All the services and support channels we provide remain fully functional and our staff continue to work from home.

Our dedicated team continue to track the latest developments to consider our approach to the situation. The team review government advice and emerging information to keep staff safe and to support all our customers, whatever their needs. We understand people might be wondering what this means for their Nest pensions and we’d like to take this opportunity to reassure our members and employers.

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What’s the impact of the pandemic on Nest pensions?

Over 90% of our members are saving into our flagship Nest Retirement Date Funds. They’re well diversified, which means that their investments are spread across many different markets, industries and countries. This helps smooth out some of the sharper ups and downs we’re seeing in the stock markets.

We’d like to reassure you that protecting and growing our members’ savings is our highest priority. We’re confident that our approach is suitable for these unusual times, and for the many years we'll be safeguarding our members’ money.


Help for employers

Coronavirus impact: Support for employers and your workers

Coronavirus impact: Support for Nest Connectors


Help for members

How will my investments with Nest be affected by coronavirus?

Support for members

Members' frequently asked questions

The government has confirmed that as part of the Coronavirus Job Retention Scheme the grants available to employers are intended to support businesses and their employees by covering up to 80% of the costs of employment.

Your employer will stop paying contributions to your pension pot following your redundancy.

If you want to stop any contributions being taken before then, we recommend you get impartial guidance from the Money Advice Service by visiting their website or calling 0800 138 7777.

If you still feel that stopping your contributions is the right thing for you, then you can do this by logging into your online Nest account or contacting your employer directly. This will be effective from the next pay period. Contributions may still be taken from your earnings up to the date you choose to stop contributions. For more information about when the contributions will stop you can speak to your employer.

For more information, please visit our help centre.

We understand this concern and we know how difficult this situation will be for some of our members. We would encourage you to seek support and guidance from The Pensions Advisory Service for your specific circumstances. Although these are uncertain times, previous market crashes tell us that investments can recover quite quickly, and we would expect markets – and therefore your pot – to rise again when stability returns.

We understand the challenges our members are facing. Your savings with Nest are intended to help you build up a pot of money for your retirement, so while it’s possible for members aged 55 and over to withdraw from their Nest savings we recommend you get advice before making any decisions. Pension Wise or the Pension Advice Service offer free, impartial guidance.

If you’re under 55 and your doctor has confirmed you can’t work again due to incapacity or serious ill health, you can withdraw your Nest pension pot. Please visit our help centre for more information on this.

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Need more help?

It’s important not to panic or make rushed decisions about your pension. Our advice and guidance page explains where you can get help.

Advice and guidance