What is Auto-Enrolment? Auto-Enrolment means that employers have to, automatically, add eligible employees to a Workplace Pension. If you don’t think you’ve been added to your employer’s pension scheme but you are entitled to a Workplace Pension, then you should ask your employer about this. See also Who is entitled to a Workplace Pension?
Who is entitled to a Workplace Pension? Anyone who is over 22 years old and under state pension age, and earns at least £10,000 a year, working mainly in the UK. If you are working, the odds are that you will be entitled to a Workplace Pension as this includes the vast majority of adults … Continued
When can I take my Workplace Pension? For most people, you will be able to take your pension once you reach age 55. However, this will depend on the rules of the pension you are in. There are also circumstances where you may be able to take your pension earlier than age 55. For example … Continued
Can I opt of out my Workplace Pension? Yes, you can choose to opt out of your Workplace Pension, and can do this by letting the pension company know. If you don’t know which company this is, then ask your employer and they will give you the details. If you decide to opt out of … Continued