Nest pensions

10 years ago, Steve was homeless and suffering from drug addiction. Having learnt furniture restoration in rehab, he was able to turn his negative habits into positive ones and dedicated his time to perfecting his new craft. Today, he’s the proud of a furniture restoration shop, Restored Retro, in Poole, Dorset – and that’s in part thanks to your pension investments. Through our partnership with Legal & General, we’ve invested some of your pension savings into property projects across the UK, including an initiative to help revitalise Poole’s high street. Steve is one of 10 entrepreneurs that were given the opportunity to set up a shop in the town centre. We sat down with Steve, to hear more about his story and how getting into furniture restoration has changed his life.

One third of workers in the UK have a Nest pension and improving working conditions at companies we invest in contributes to our purpose of building financial peace of mind for all, both during their working lives and when they retire. Taking care of their employees can also impact a company's performance, productivity, business resilience and reputation making it more likely to be successful over time. Uncover more in our responsible investment report 2023/24 https://bit.ly/4daBo0C

Calling all IFAs. Register today for our free webinar on how you can help your clients navigate their Nest pension scheme.     We'll cover:  How our investment approach sets us apart  Strengths of the Nest proposition  Demonstration of our customer website    There will also be a chance for a live Q&A session after the session     Sign up here ➡️ https://lnkd.in/eRXYgHQg  

Natural capital is the economic term used for natural assets and biodiversity, which includes soil, air, water, forests and all livings things. A healthy natural environment is key for healthy societies and economies. As a society, we must manage the impact of drivers affecting nature loss, such as habitat changes, invasive species, overexploitation of resources, pollution/nutrient loading, and climate change. At Nest, we’re gaining a good understanding of where natural capital risks lie within our portfolio so those risks can be managed. To learn more, read our responsible investment report 2023/24 https://bit.ly/4daBo0C

We're bolstering our Executive team with the addition of  Camilla Egginton in the newly created role of Chief Strategy and Transformation Officer (CSTO).  Camilla has been with us since 2012 and has played a key role in delivering our new purpose and corporate strategy. Her extensive experience, including her strategic background from a top four consulting firm and Ofgem, will be invaluable in driving our corporate agenda forward. This role highlights our commitment to being a purpose-led organisation and ensuring our corporate strategy stays relevant and adaptive. Ian Cornelius, our CEO, said: "Appointing a Chief Strategy and Transformation underlines the importance of the delivery of our corporate strategy and will help us fulfil our goal to be a best-in-class pension provider, delivering the best possible financial outcomes for our members to and through retirement.” Please join us in congratulating Camilla on her well-deserved promotion. 

During our webinar with Rachel Farrell, our Director of Public and Private Markets, Alex Brierley, Co-Head of Octopus Energy Generation highlighted the main opportunities of investing in renewable energy, including the 1.3 million electric vehicles on UK roads. Octopus Investments' Sky fund has invested in Be.EV, an electric vehicle charging company which is installing chargers in the north of England. Learn more about our partnership with Octopus Investments: https://lnkd.in/g-vDg3mc

Sitting down with Alex Brierley, Co-Head of Octopus Energy Generation, we explored how Octopus Investments is helping investors, like us, to allocate and invest capital into the renewable energy markets and the wider energy transition. Alex joined Rachel Farrell, our Director of Public and Private Markets, to discuss our partnership and how we’re investing our members’ money into a diversified portfolio of renewable energy infrastructure. Watch the full webinar here: https://lnkd.in/g-vDg3mc

We’ve set an ambition to align our investment portfolio with limiting global warming to 1.5C by reaching net zero emissions across our portfolio by 2050 at the latest. This is aligned with the commitment made by governments across the world through the Paris Agreement, and consistent with the UK’s legislated target of net zero emissions by 2050. To achieve this long-term goal, we have set several short and medium-term targets, as you can see in our graphic below. We are regularly reviewing our climate change policy and roadmap and will publish new targets if we make any changes. Our investment policy ensures that we manage any investments for our members to try to minimise any risks in transitioning to a low-carbon economy. Discover more insights in our responsible investment report 2023/24 https://bit.ly/4daBo0C

We’re thrilled to have won the Long-Term Investment Strategy award at the Investment & Pensions Europe (IPE) Conference & Awards 2024 🏆 But that's not all, we were also highly commended in 3 other categories: - European Pension Fund of the Year - ESG Strategy - Private Markets This is testament of how we’re delivering sophisticated investments for everyday UK pension savers. Well done to our Investment colleagues for their hard work.

The final quarter of the year promises to be another busy one for us. Learn more about what we’ve been up to and what’s next with our CIO Elizabeth Fernando here. For a deeper dive into our Q3 performance and what's to come, watch our latest video. The full report is available now to view at https://lnkd.in/ghY-AwJm