2 October 2025
With Auto-Enrolment (AE) legislation due to commence in January 2026, your immediate priority is to ensure your business operates one robust pension solution for all of your employees.
Auto-Enrolment marks a major step forward in retirement planning, especially for employees not currently saving. For some employers, particularly those with transient or lower-income workforces, it may become the default solution. When it is enforced, employers without an existing employee pension plan, will be facing a mandatory pension spend for the first time and will be required to make pension contributions in accordance with AE regulation. Tax incentives will differ between the government run system and the existing pension scheme system.
However, employers with existing private pension schemes have an opportunity to highlight the advantages of their own plans, such as higher contributions, better tax relief for higher earners, broader investment options, and access to professional advice. These schemes can also play a key role in recruitment and retention.
By acting now, you can establish a pension arrangement suited to your unique organisational needs, one that will allow you to create the single employee experience you want.