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Auto enrollment

Automatic enrollment is a system in the UK that requires employers to automatically enrol eligible workers into a workplace pension scheme. The goal of automatic enrollment is to increase the number of people saving for retirement by making it easier for them to do so.

Under automatic enrollment, employers are required to enrol all eligible workers into a workplace pension scheme unless the worker opts out. Eligible workers are those who are over 22 years old, under the state pension age, earn at least £10,000 per year, and work in the UK.

Automatic enrollment is designed to be simple and hassle-free for both employers and employees. Employers are responsible for enrolling workers and making contributions to the pension scheme, while employees have the option to opt-out if they do not wish to participate. Automatic enrollment is an important part of the UK's efforts to encourage retirement savings and ensure that people have enough money to live on in retirement.

To see what you may be paying. have a look at the Pension Advisory Service for details.

Need tax assistance?

If you have a tax query contact our Accountant directly

Need tax assistance?

If you have a tax query contact our Accountant directly

Need tax assistance?

If you have a tax query contact our Accountant directly

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