Auto enrolment is a government initiative designed to help people save for their retirement. This means that your employer must enrol you into a suitable pension plan if you meet certain criteria.

If you would like to learn more about automatic enrolment please visit MoneyHelper.

How does it work?

  • All employees are assessed for eligibility based on their earnings and age.
  • If you’re enrolled, you and/or your employer will pay into your pension pot on a regular basis to help you save for your future.
  • Your contributions are taken automatically from your pay and once you’ve been enrolled you can look at paying in more if you want to.
  • You’ll get a letter confirming that you’ve been enrolled and how much you and your employer will contribute and if those contributions will increase in the future.

For lots of people, paying into their company pension plan is a great way to save for later in life. However, it may not be right for everyone.

How does this affect me?

By being enrolled into your employer's scheme, you can benefit from contributions from your employer and tax relief on your contributions from the Government. This will help you to build up a pot for your future.

If you already have other pensions, remaining enrolled can give you an additional income in retirement.

Go to Your scheme information to find out more about your plan and how much money will be contributed to your pension pot.

I don't want to stay in the scheme

As long as you have considered the implications of leaving your employer's pension scheme, you can opt out here.