Help Centre for Advisers

What are the minimum auto enrolment contribution rates?

The minimum contribution rate for workplace pension schemes is currently 8% of qualifying earnings. This was increased in April 2019. At least 3% of this must be paid by the employer – this is a legal requirement.

This means if you are opted in, you contribute 5% from your income, and your employer contributes at least 3%.

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, SALT.agency