The Pensions Regulator (TPR) is reminding employers that from 6 April
2019, the amount that will need to be paid into a workplace pension will
increase to an overall minimum of 8%, with employers contributing at least 3%
of this total amount.
TPR is now starting to write to all employers to remind them of their
duties. TRP website provides further information on the increases and a link to
a letter template advising employees of the increase.
TPR is advising employers that they should also check with their payroll
software provider and pension provider to ensure plans are in place ahead of 6
April 2019.
Internet link: TPR
increase
For
more information please do not hesitate to contact the team at Ward Williams
Financial Services Ltd on 01932 830664 or by email on wwfs@wardwilliams.co.uk.
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