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Delete Surname Field from the Retirement Plan

Delete Surname Field from the Retirement Plan

Aug 6th, 2022

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

How do I change my nest pension?

Youll just need to let your employer know in writing. This can be a signed letter or email, if it includes a statement to say it has come from you. Remember, if you reduce your own contributions your employer will no longer have to continue contributing to your pension pot, although they can choose to.

Can I cash out my Nest pension early?

You can make withdrawals from your Nest Safe at any time if funds are available. If you want to take money from your Nest Vault, youll either need to come out of the Nest Guided Retirement Fund and choose a different retirement option, or you can take all of your pot as cash.

How much does it cost to transfer a Nest pension?

Nest wont charge a fee or penalty if you transfer money out of Nest. The value of your retirement pot at the time of transferring out is based on the value of the funds where your contributions have been invested.

Can I cancel my Nest pension and get the money?

How will I receive refunds for members whove opted out? When a member opts out of NEST well refund any contributions weve received for them. Well refund the contributions to the refund account you nominated for the payment source the member is connected to.

What information is included in an RTI submission?

Real Time Information means that employers and pension providers will tell HMRC about PAYE payments at the time they are made as part of their payroll process. Payroll software will collect the necessary information and send it to HMRC on-line.

How do I change my Nest details?

You can update some details through our automated phone system. Call us on 0300 020 0090 and key in your Nest ID, National Insurance number or Alternative Identifier and your date of birth.

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