Five fascinating facts about AE as minimum contributions rise

Millions enrolled

Hannah Godfrey
clock • 3 min read

A new tax year brings new pension contribution changes. In celebration of a raise in minimum auto-enrolment pension contributions, Professional Adviser has put together five of the most interest facts about automatic enrolment (AE).

Today, minimum workplace pension contributions have risen to 5% after being at 2% of qualifying earnings since the inception of the government policy in 2012. Employers now have a duty to contribute a minimum of 2%, and employees will make up the further 3% to reach 5%. However, if an employer chooses to contribution more, for example, 3%, the employee will only have to contribute 2% to bring them up to the threshold. In April 2019, minimum contributions are set to rise again to a minimum of 8%. In celebration, Professional Adviser has put together five key facts about the polic...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Why the real problems of the pensions dashboard are yet to start

Why the real problems of the pensions dashboard are yet to start

'Its aims seem not only less relevant but potentially problematic'

James Floyd
clock 23 June 2025 • 5 min read
Turning data into dialogue: Helping clients visualise retirement realities

Turning data into dialogue: Helping clients visualise retirement realities

'Data is more than just a collection of figures, it's a powerful tool for engagement'

Joshua Croft
clock 20 June 2025 • 3 min read
Average pension transfer took just 11 days at tax year-end

Average pension transfer took just 11 days at tax year-end

Origo says transfer times decreased around tax year-end with half taking seven days or less

Jasmine Urquhart
clock 17 June 2025 • 2 min read