The National Employment Savings Trust, or NEST pension, is one pension scheme that employers can use to meet their pension auto-enrolment obligations. It is designed to be a simple, low-cost option and it will be available to all employers, regardless of size, salary levels, staff turnover or industry.
The National Employment Savings Trust or NEST Pension was introduced by the UK Government and will be operated by The NEST Corporation, a not-for-profit trustee corporation. It will be regulated by the Pensions Regulator.
The NEST pension scheme is in place to guarantee that all employers will have access to a pension scheme which they can utilise to fulfill their pension auto-enrolment obligations. It is designed for employers to use as the only pension scheme on offer to their employees, or to run alongside other pension schemes which may be in place.
The value of investments go down as well as up, you may not get back as much as you initially invested.