Now Pensions will increase monthly administration charges for lower earners when minimum auto-enrolment (AE) contributions go up next April.
Currently, the provider offers a discounted administration charge of 30 pence a month for members who earn less than £18,000 a year or, for deferred members, earned less than this amount when activ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date