Morrisons looks to cut contribution rates in response to AE extension

Supermarket looks to manage increases in pension costs following move to expand AE

Martin Richmond
clock • 2 min read
Morrisons looks to cut contribution rates in response to AE extension

The supermarket chain Morrisons has come under pressure from unions after it unveiled proposals to rebalance pension contribution rates as a result of the expansion of auto-enrolment (AE).

Trade union Unite said Morrisons had unveiled proposals which would increase the contributions hourly paid employees put into the scheme, while reducing the employer contributions put into the sche...

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

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Industry

Government urged to introduce mandatory minimum admin standards

Government urged to introduce mandatory minimum admin standards

Trafalgar House says sector needs ‘minimum standards not maximum complexity’

Holly Roach
clock 10 February 2026 • 2 min read
Nest launches first member assembly

Nest launches first member assembly

Assembly will hold discussions and develop recommendations for Nest’s senior leadership

Martin Richmond
clock 10 February 2026 • 2 min read
PPF records £5.9bn increase in funding position of DB schemes

PPF records £5.9bn increase in funding position of DB schemes

PPF 7800 Index finds assets increased 0.2% and funding ratio increased to 131%

Jasmine Urquhart
clock 10 February 2026 • 3 min read
Trustpilot