Are your clients prepared for auto enrolment contribution increases?

19 December 2018

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As you know, the minimum contribution levels for auto enrolment schemes will be increasing again from 6 April 2019.

In early January, we’ll send you a letter listing your affected schemes. Once you receive this letter it’s a good idea to make sure your clients are ready to make the necessary changes.

How we’re supporting employers and members

Between January and April, we’ll be contacting employers and members of these schemes to remind them about the contribution changes.

We’ll also give employers access to some handy postcards and posters to raise awareness in the workplace.

If you don’t want us to write to members, email us at PhasingTeam@royallondon.com before Wednesday 16 January and we’ll stop these communications.

More information

You can find out more about how we’re supporting employers and members.

For more information about scheme contributions and employer duties visit The Pensions Regulator.

Last updated: 20 Dec 2018

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.