is Nest pension good for me? Thanks

cherry2017

I am self employed, I don't want to risk to SIPP pension, is Nest pension good for me?
do I have to choose investment in Nest?
is Nest the most trusted pension?
Thanks!

penners324

Plenty of options other than NEST. Nest are quite expensive in fees with very limited fund options.

Look at Penfold, PensionBee, Hargreaves Landowne and many others

cherry2017

penners324 said:

Plenty of options other than NEST. Nest are quite expensive in fees with very limited fund options.

Look at Penfold, PensionBee, Hargreaves Landowne and many other

Thanks, which one is less risk?

dunstonh

Nest is aimed at the small employer needing a low cost option to offer their employees a workplace pension at as little cost to themselves as possible.  It is not aimed at individuals.  Sure, they have had mission creep that allows them to do it but there is better for self employed people.

I don't want to risk to SIPP pension, 

Pensions dont have risk.   The investments within them has risk.   The only risk of a SIPP is that you go and pick something really silly to invest in.  Yet there are plenty of mainstream sensible options available in a SIPP and a SIPP and low cost fund can be cheaper than every other option.

Marcon

This is likely to be helpful reading: https://www.moneyhelper.org.uk/en/pensions-and-retirement/pensions-basics/personal-pensions

Albermarle

cherry2017 said:

penners324 said:

Plenty of options other than NEST. Nest are quite expensive in fees with very limited fund options.

Look at Penfold, PensionBee, Hargreaves Landowne and many other

Thanks, which one is less risk?

None of them have any risk, the risk is in the investments you choose within the pension.

Probably better you stick to one of the simpler pensions, that only offer a few investment options, and/or guide you to an appropriate investment. Such as 
Personal Pension | Private Pension | Legal & General (legalandgeneral.com)
Personal Investment Plans & ISAs | Wealthify.com

Nest is OK but there is a hefty charge on every new contribution.