NOW:Pensions

NOW: Pensions is a private UK-based financial institution specialized in pensions.¹²

The Pensions Act 2008 established new duties which require employers to automatically enrol eligible workers into a workplace pension plan that meets certain minimum standards. NOW: Pensions was set up by ATP of Denmark for employers requiring a scheme to fulfil their duties under the Act. ATP launched Now:Pensions in early 2012, Morten Nilsson was headed the group as CEO.² During the three years leading up to June 30, 2017 Now:Pensions achieved a 2.8 percent annualized return, which was significantly less than the returns achieved by almost all of its competitors during the same time.²¹

In November 2017 the Pensions Regulator fined the trustees of Now:Pensions £50,000 for administration problems. This was followed by a fine for £20,000 levied in February 2018.²³ In February 2019, The Cardano Group acquired Now:Pensions from ATP,⁴ after Now:Pensions ran into multiple administration problems and years of poor performance.²

In 2025, Now:Pensions made its first investment in private markets with an allocation to UK affordable housing.⁵⁶