NEST, the National Employment Saving Trust, a brand new workplace pension scheme which is likely to begin in 2012, has selected five annuity providers for its retirement panel.
Under NEST, you’ll be free to buy your annuity from the panel or shop around for your annuity on the open market. The annuity panellists are:
Canada Life, providing both a conventional annuity and enhanced retirement income annuity
Just Retirement, providing enhanced retirement annuity products
Legal & General, providing both a conventional annuity and enhanced retirement income annuity
Partnership, providing enhanced retirement annuity products
Reliance Mutual, providing enhanced retirement annuity products specifically for those who smoke.
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