PENSIONS AUTO ENROLMENT CONTRIBUTIONS TO RISE

Minimum pension contributions are set to increase from 6 April 2019:

DURATION EMPLOYER MINIMUM (%) TOTAL MINIMUM CONTRIBUTION (%)
Current contributions 2 5
6 April 2019 onwards 3 8

The Pensions Regulator has produced guidance for employers on dealing with the increase including a letter template to advise employees of the change.  

Contact us if you would like help with auto enrolment.