Glossary · UK
What is NOW: Pensions?
A master trust workplace pension provider used by employers for automatic enrolment.
Full Definition
NOW: Pensions is a master trust workplace pension provider that employers can select to meet automatic enrolment duties, offering a default investment strategy that gradually reduces investment risk as members approach retirement. It is regulated by The Pensions Regulator in the same way as other UK master trusts and sits alongside providers such as Nest, The People's Pension and Smart Pension in the auto-enrolment market.
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Disclaimer: Definitions are for guidance only. For decisions about your tax, savings, property or pension situation, always consult a qualified professional or refer to gov.uk.