Help Centre for Employers

What is an opt out period?

Membership of the scheme is not compulsory. Members of staff who are enrolled into the employer’s workplace pension scheme do not have to remain in the scheme or continue paying contributions. Every jobholder has one calendar month after being enrolled, when they can choose to opt out. If they opt out within this time frame, either online or by correctly completing and returning our opt out form, any contributions deducted will be returned to the employee and it is the employer’s responsibility to do this as soon as possible.

If they are outside the opt out period, the contributions will simply stop being taken. The contributions already invested will remain until such time as benefits are taken or a transfer to an alternative approved pension scheme is made.

ATP comes to the UK pensions world with the highest commendations from the Danish trade unions, employers and government. NOW: Pensions' offering in the UK will be high quality, low cost, and honest and I'm proud to be associated with it. — John Monks, member of House of Lords and former General Secretary of ETUC and TUC
I am excited to be joining such a distinguished Board of Trustees, over-seeing a modern, transparent, cost efficient and high-performing pension fund. — Win Robbins, former Head of European Fixed Income Barclays Global Investors
There is a need for a member-centric solution designed for ease of use with low costs and cutting edge investment strategy, which delivers long term stable returns. ATP's in-house investment capabilities, combined with our novel and innovative… — Lars Rohde, Governor of the National Bank of Denmark and Former CEO of ATP Group
NOW: Pensions is supportive, easy for our employees to understand and uncomplicated in terms of its implementation. Its structured approach removes the complicated investment choices & makes auto-enrolment a straightforward and simple process. — Mark Manaton, Managing Director, Blue Arrow Group
Why do we insist on having a choice of fund manager when the evidence shows there is usually no benefit to be gained…and there is always a negative impact in terms of cost? — Anthony Hilton financial editor of the Evening Standard writing in Pensions World, June 2013