Navigating pension auto-enrolment
Tools & Resources
Key learnings
- All employers must automatically enrol their staff into a pension scheme.
- The minimum monthly auto-enrolment contribution is 8% (3% employer 5% employee).
- New employers can take advantage of the government’s low-cost scheme – the National Employment Savings Trust (NEST).
- All employees over the age of 22 must be auto-enrolled when they start a new job.
Employers must automatically enrol their eligible workers into a work-based pension scheme. This requires assessing the types of workers you have in your business and sharing what enrolling into a workplace pension means for them. Here, business advisory firm Ryecroft Glenton explains the rules around auto-enrolment and how to help your people plan for retirement.
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