Alternatively, call us today** if you would like a personal response from one of our friendly and qualified staff
NEST is a pension scheme set up to support auto-enrolment. It is funded by a government loan but is run independently of the government.
The NEST scheme is aimed at low to middle earners. The scheme will make a contribution charge of 1.8% and an annual management charge of 0.3%. The default fund within NEST will be the ‘Retirement Date’ fund, with the opportunity to invest in Higher Risk, Lower Growth, Pre-retirement, Sharia and Ethical funds. Contributions will be limited to a maximum of £4,200 per annum until 2017 and transfers in and out will not be allowed until at least 2017.
Employers have the option of choosing NEST to meet their auto-enrolment duties.
You need to start thinking about the strategy that you will have in place when your business qualifies for auto-enrolment. Forward planning will help to ensure that you introduce the changes in a managed way and minimise the impact that the pension reforms will have on your business. To discuss your requirements further please contact your NFU Mutual Financial Consultant.
The information on this page is based on NFU Mutual’s understanding of legislation and practice as at 9th August 2011 which is subject to change.
Note* NFU Mutual Financial Consultants advise on
NFU Mutual products and services and in
special circumstances those of other
providers.
** For security and training purposes calls may
be recorded and monitored.
Keep track of the performance of your investment. The latest prices are available 24 hours per day, 7 days per week.
Fund prices
Understand more about the company and our continued commitment to all of our customers.
Unusual places to stay
If the typical shorts and sandals seaside escape is not your cup of tea, why not something a little different... Read more...
Set as my local agent