Coming into land: NEST's fresh approach to the retirement 'glidepath'

NEST's fresh approach to the retirement 'glidepath'

clock

Mark Fawcett explains why NEST has embraced target date funds, which he says are inherently flexible when compared to 'mechanistic lifestyling'

With fewer and fewer workers knowing the exact date they'll retire, what's the point of target date funds? If savers are now going to continue investing through retirement, why de-risk as they approach state pension age? Retirement rarely happens on one day at the end of a working life anymore. It's more of a journey than an event. But this doesn't undermine the case for target date approaches to investment management, in our view. Rather we'd argue that target date funds represent an agile way to respond to savers' shifting needs in a world of changing retirement patterns and greater...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

'While this policy alters the landscape, it arguably represents an adjustment rather than a fundamental reform'

Steve Charlton
clock 22 December 2025 • 3 min read
Utmost to sell life and pensions business to JAB Insurance

Utmost to sell life and pensions business to JAB Insurance

To focus on wealth solutions business

Jen Frost
clock 22 December 2025 • 2 min read
Editor's view: How disjointed is the government's salary sacrifice change?

Editor's view: How disjointed is the government's salary sacrifice change?

The editor's Friday Night Takeaway from 19 December

Jen Frost
clock 19 December 2025 • 3 min read