Knowledge Centre Category: Pensions

The Government scheme called Automatic enrolment (Auto Enrolment or AE) requires all employers to enrol eligible workers into a workplace pension scheme.

The Government scheme called Automatic enrolment (Auto Enrolment or AE) requires all employers to enrol eligible workers into a workplace pension scheme.

Opting out means the employee choosing to leave the pension scheme within one month of being automatically enrolled.

The Pension Annual Allowance is the maximum amount an individual can contribute to their pension each tax year while still receiving tax relief.