Minimum pensions auto enrolment 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.
Internet link: TPR increases
Please get in contact with us if you would like help with your pensions auto enrolment.
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