The Pensions Regulator (TPR) is beginning to write reminders to all employers that, from 6 April 2019, the minimum amount to be paid to a workplace pension is increasing to 8% – and that they, the employers, must contribute at least 3% of the total contribution.
To be prepared for this increase, TPR have recommended seeking further guidance from their website, and to ensure that the payroll software used is compliant with the changes.
Alternatively, if you want informed, proactive advice, you can talk to us.