Help Centre for Advisers

What is opting out?

Eligible jobholders who have been automatically enrolled or non-eligible jobholders who have opted in to a pension scheme have the right to opt out of the pension scheme at any time. Entitled workers who ask to join a scheme do not have opt out rights.

We urge any employee considering opting out to think through their decision and/or consider alternative retirement savings arrangements. By opting out an employee will not benefit from the additional savings and adjoining tax benefits.

The employees guide to auto enrolment provides a great overview of the benefits of being a member of the NOW: Pensions scheme.

I am backing NOW: Pensions, the ATP project, because I believe it will encourage transparency, low costs and decent returns for millions of British employees. — Nigel Waterson, former Shadow Pensions Minister
Our broker recommended NOW: Pensions, as they believed it would be our best option. We have not been disappointed, the NOW: Pensions customer support teams are great and always available. — Bromborough Paint & Building Supplies Ltd
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
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
I've known ATP for many years and have enormous respect for the effectiveness of their investment strategy. I'm convinced that NOW: Pensions can become a major player in the UK and look forward to being a part of that success. — Chris Daykin, the former Government Actuary