What is Pension Auto-Enrolment?
To help people save for retirement, employers now have a legal requirement to auto-enrol their employees into a workplace pension scheme.
Introduced by the Government in 2012, this legislation is being rolled out in stages.
Employers must auto-enrol employees who:
- are aged between 22 and State Pension age;
- earn more than £10k a year (2015/16); and
- ordinarily work in the UK.