Use NEST as DC responsible investment benchmark, says UKSIF

UKSIF, the sustainable investment and finance association, has called for employers to use the responsible investment approach offered by the National Employment Savings Trust as a benchmark when selecting defined contribution pensions for their staff. Responding to the now-closed Pensions Regulator’s discussion paper ’Enabling good member outcomes in work-based pension provision’, Penny Shepherd, UKSIF chief executive says: “Nest’s approach to long-term responsible investment and ownership offers a practical benchmark particularly for less engaged or knowledgeable employers.”