WPC hears AE contribution level hike 'will be too much'

Industry experts suggested an opt-up and opt-down tool for savers as AE minimums rise

Holly Roach
clock • 4 min read
Industry experts spoke today at the WPC hearing
Image:

Industry experts spoke today at the WPC hearing

Increasing auto-enrolment (AE) minimum contributions to 12% will be too much, according to industry experts.

Speaking this morning (27 April) at a Work and Pensions Committee (WPC) hearing, Nest managing director for strategy and analytics Will Sandbrook suggested that increasing minimum contributions fro...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

CDC is 'divisive solution' but 'could prove to be good enough'

CDC is 'divisive solution' but 'could prove to be good enough'

Pensions industry reacts to the government green-lighting CDC scheme expansion

Holly Roach
clock 22 October 2025 • 7 min read
TPR must 'explicitly reference' role of admin quality when assessing risk

TPR must 'explicitly reference' role of admin quality when assessing risk

PASA responds to regulator’s consultation on its new enforcement strategy

Holly Roach
clock 22 October 2025 • 1 min read
State pensions and DB benefits to rise following September CPI release

State pensions and DB benefits to rise following September CPI release

Rise for some DB pensioners will reignite debate over pre-1997 indexation

Jonathan Stapleton
clock 22 October 2025 • 2 min read
Trustpilot