Pensions auto enrolment contributions to rise

Minimum pension contributions are set to increase from 6 April 2019

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.

More info: TPR increases