Auto-enrolment is a government initiative to make sure people don’t miss out on the chance to save into a pension scheme. Under automatic (or auto) enrolment, employers must make all eligible jobholders members of a workplace pension scheme without needing to opt-in or undertake any action themselves. Employees may then choose to opt-out if they so wish. Those who have opted out must be automatically re-enrolled every three years.
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Written by Sahil Sethi
Updated over a week ago