Help Centre for Employers

What is an opt-out period?

Membership of a workplace pension is not compulsory. If you’re enrolled into your employer’s workplace pension, you don’t have to remain in the pension or continue paying contributions.

You have one calendar month after being enrolled when you can choose to opt out. If you opt out within this time frame, either online or by completing and returning our opt-out form, any contributions deducted will be returned to you. It’s your employer’s responsibility to do this as soon as possible.

If you’re outside the opt-out period, the contributions will simply stop being taken. The contributions already invested will remain invested until you take your pension or transfer your pension savings to an alternative approved pension scheme.

NOW: Pensions has a good technical infrastructure combined with a pension product suitable for our team. We couldn’t be happier with NOW: Pensions.
Martin Woods,