What is Workplace Pension Auto-Enrolment?

To help people save for retirement, employers have a legal requirement to auto-enrol their eligible employees into a workplace pension scheme.

Introduced by the Government in 2012, the legislation was first rolled out to large employers, followed by medium-sized, and then small employers. All new and existing employers should now auto-enrol their eligible employees unless they choose to opt out.

The contributions employers and employees must make each month has been increasing in phases, with the next increase scheduled for 6 April 2019.

Employers must auto-enrol employees who:

• are aged between 22 and state pension age;
• earn more than £10k a year (2017/18); and
• ordinarily work in the UK.