National Employment Savings Trust
| Company type | Public corporation (non-departmental public body) |
|---|---|
| Industry | Pensions; asset management |
| Founded | 2008 |
| Headquarters | London , United Kingdom |
Area served | United Kingdom |
Key people |
|
| Products | Defined contribution workplace pension scheme |
| Services | Automatic enrolment pension provision; investment management |
| AUM | £49.7 billion (31 March 2025) |
| Owner | Accountable to Parliament via the Department for Work and Pensions (sponsor department) |
| Members | 13.8 million (31 March 2025) |
| Website | nestpensions |
The National Employment Savings Trust (Nest, sometimes branded Nest Pensions) is the United Kingdom’s public-service defined contribution workplace pension scheme, created to support automatic enrolment under the Pensions Act 2008. It is run by Nest Corporation, a public corporation (non-departmental public body) accountable to Parliament through the Department for Work and Pensions (DWP). Nest has a public service obligation to accept any employer that wishes to use the scheme to meet automatic-enrolment duties.
As of 31 March 2025, Nest reported managing about £49.7 billion on behalf of around 13.8 million members. Nest is an authorised master trust supervised by The Pensions Regulator.