Nest UK selects Northern Trust as new fund administrator and custodian, replacing State Street.

Nest, UK's largest workplace pension scheme, appoints Northern Trust as its new fund administrator and custodian, replacing State Street after a 15-year partnership. Nest believes Northern Trust's sophisticated strategy management is crucial for their growth, predicting £100bn assets under management by 2030. The change aims to bring efficiency and improvements to Nest's operations.

May 13, 2024
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