Learning Material Sample
Workplace pensions4. NEST The National Employment Savings Trust (NEST) is a multi-employer registered o...
Shortened demo course. See details at foot of page. ...m as of June 2022NEST has total assets under management of £29bn Contributions
There is no limit on contributions - other than the usual HMRC limits. Investments There is a limited choice of investment funds and, like all qualifying pension schemes, there is a default fund for members who do not want to make an investment decision. The NEST default funds are d... Shortened demo course. See details at foot of page. ...actually draw them.If the member dies before age 75 with uncrystallised benefits, a tax-free lump sum will be paid. If death occurs after age 75 a dependant’s annuity will be paid. Transfers out/in It is possible to transfer in other pension savings without charge and transfer out. |
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