Home > Financial Advice > Auto-enrolment
BACK TO BLOG

Thursday, September 27, 2018

Auto-enrolment

Under auto-enrolment, employees are automatically signed up to a workplace pension into which both they and their employers must contribute. Workers can opt out of the scheme if they want to, but the hope is that valuable employer contributions will encourage people to stay.

The scheme was introduced in October 2012 to boost the numbers of people planning for retirement and began with the largest employers frst, followed by medium-sized, then small employers.

Have you Auto-enrolled?