What happens if we don’t comply with the contribution increases?

This is a legal requirement – if a pension scheme doesn’t increase its minimum contribution levels in line with these requirements, it will no longer be a qualifying scheme for existing members and can’t be used for automatic enrolment.

The Pensions Regulator makes it clear that it’s the employer’s responsibility to increase contributions to the new minimum levels. You need to ensure you have plans in place to comply with the law – failure to meet your duties could result in fines.

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Read what we’re telling employers about these contribution increases>>

Read what we’re telling employees about these contribution increases>>

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