Auto Enrolment: We’re taking the strain away
What is Auto Enrolment?
Auto enrolment legislation has been designed to encourage a retirement savings culture in the UK. This legislation requires all employers to automatically enrol some or all members of their workforce (depending on age and salary level) into a pension scheme that meets certain minimum standards. Some workers will also have the right to ask their employer to enrol them into an auto enrolment pension scheme. Depending on the worker’s age and salary level, employers may be required to make contributions to this pension scheme, adding to the contributions made by their workers.