Warnings against increasing AE minimum contributions

Hargreaves Lansdown says members should be encouraged to voluntarily increase them

Holly Roach
clock • 2 min read
Warnings against increasing AE minimum contributions

Hargreaves Lansdown has warned against increasing auto-enrolment (AE) minimum contributions any further urging that pension members should instead be encouraged to voluntarily increase their contributions.

The firm's Understanding Automatic Enrolment Reform report revealed the expansion of AE "needs to be carefully timed", noting that delaying any policy reform until a more normal economic period "wo...

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