Scheduled changes to legal minimum auto enrolment contribution rates

03 January 2017

From April 2018, employers will need to make arrangements to ensure that their qualifying pension schemes comply with the increases in the legal minimum contribution rates (known as ’Phasing’).

The Pensions Regulator (TPR) has updated their guidance for pension, payroll and software providers on the contribution increases, with additional guidance for advisers planned for early 2017.

Read the guidance for pension, payroll and software providers.

TPR has also produced a decision tree to help employers decide the actions they need to take.