Tag Archives: NEST

Enjoying doing your drawdown? “Flex and fix” is scary right now.

In a recent talk with the IFS, Paul Todd, COO of Nest, explained that Nest’s long term ambition is to pay pensions without putting at risk the pension. Only the increases payable on pensions in payment might not be paid … Continue reading →

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Defending the defenceless is ethical; the money’s in my pension fund!

The FT, like the Telegraph, are keen to talk up the adamant attitude of People’s Pension and Nest to run ethical funds that do not invest in defence stocks. This despite calls from 100 Labour MPs to increase fund investment … Continue reading →

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Would you swap your Nest pot for some more state pension?

  It’s amazing how excited these people got when they found their Nest Pension was working for them I would like to see Nest line up with the DWP and Treasury to allow those with a Nest pot to swap … Continue reading →

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David Fairs sees a brave new world of DC mega-funds.

  David Fairs is on this week’s VFM podcast and like Sarah Smart he arrived with an agenda that related to pensions, this meant talking about the pension funding question that he’d wrestled with while at the Pensions Regulator and … Continue reading →

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Is People’s now a “fully agile internal manager” of our savings?

Toby Nangle is a good guy, he comes from the investment community and he’s trying to turn People’s Partnership and other savings organisations into the kind of investment houses that make for happy Chancellors. This report is from Pension Age … Continue reading →

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(NO) time to hit the pensions panic button.

Those over the age of 55 are panicking over the possibility that the chancellor could slice the cap on tax-free cash to as low as £100,000. I do not think this will happen, but many people with large pensions are … Continue reading →

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Validating a proposal to pay people pensions

My very good friend Carsten Staehr has sold his interest in payroll to pursue his interest in his family, sport and alcohol (running a wine bar). Tales of Carsten are numerous and I will not rehearse the excesses that have … Continue reading →

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The potted history of Nest (Damian Stancombe)

Damian Stancombe, a charming and affable cotemporary of mine, has reposted a 2015 article that asks whether Nest should be nationalised- “Nest pot or crack pot” It’s helpful to look back on the past and learn. Damian’s article is prescient. … Continue reading →

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How Standard Life’s Master Trust could be a world beater.

Over this Easter weekend, Helen Dean, former CEO of Nest and one of the architects of auto-enrolment, will take over as Chair of Standard Life’s Master Trust. Big challenge 1.0 She can look back at this statement, made when she … Continue reading →

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£74m written off over ATOS as Nest signs £1.5bn Tata deal

  In 2021, Nest and Atos announced a shared commitment to help millions enjoy a better retirement (I and my staff among them). We were told at the time The new service, which will begin in 2023, will focus on … Continue reading →

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