Minimum
pension contributions are set to increase from 6 April 2019:
|
Duration
|
Employer minimum
|
Total minimum contribution
|
|
Current
contributions
|
2%
|
5%
|
|
6 April
2019 onwards
|
3%
|
8%
|
The Pensions
Regulator has produced guidance for employers on dealing with the increase
including a letter template to advise employees of the change.
Internet link: TPR increases
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.
Photo credit:Dylan Gillis
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