Nest renews contract with proxy voting firm

The National Employment Savings Trust (Nest) has renewed a contract with a proxy voting firm to continue its commitment to responsible stewardship.

Manifest, which has been awarded the contract, provides turnkey shareholder voting administration services and sustainability governance analysis. Nest director of investment development and delivery Paul Todd said the team at Manifest are “critical” in helping the scheme with its aim of being an active owner of its shares.

“Auto enrolment is creating millions of new shareholders. Through our workplace pensions we all now have a stake in the future of global companies. That means we have an interest in how profitable and sustainable those companies are over the long term,” he said.

He added that close working relationships with fund managers and understanding how companies are managing environmental, social and governance risks is a fundamental part of the overall investment picture.

Manifest CEO Sarah Wilson added: “We are deeply honoured to be continuing this long term partnership with Nest; it is an exciting time to be working with pension funds like Nest on sustainable stewardship and we look forward to supporting Nest’s journey as a responsible owner.”

    Share Story:

Recent Stories


Private markets – a growing presence within UK DC
Laura Blows discusses the role of private market investment within DC schemes with Aviva Director of Investments, Maiyuresh Rajah

The DB pension landscape 
Pensions Age speaks to BlackRock managing director and head of its DB relationship management team, Andrew Reid, about the DB pensions landscape 

Podcast: Who matters most in pensions?
In the latest Pensions Age podcast, Francesca Fabrizi speaks to Capita Pension Solutions global practice leader & chief revenue officer, Stuart Heatley, about who matters most in pensions and how to best meet their needs
Podcast: A look at asset-backed securities
Royal London Asset Management head of ABS, Jeremy Deacon, chats about asset-backed securities (ABS) in our latest Pensions Age podcast

Advertisement Advertisement Advertisement