Pensions auto enrolment contributions to rise
Minimum pension contributions are set to increase from 6 April 2019:
Duration Employer minimum (%) Total minimum contribution (%)
Current contributions 2 5
6 April 2019 onwards 3 8
The Pensions Regulator has produced guidance for employers on dealing with the increase including a letter template to advise employees of the change.
Contact us if you would like help with auto enrolment.
