Workers will still get an increase in take-home pay this April despite the rise in auto-enrolment (AE) contributions, according to Royal London analysis.
The impact on pension scheme membership will be minimal, as increased contributions will be partly or fully offset for most people by pay rises and a more generous income tax system, the insurer sa...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
