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In need of advice

Hi all, I joined the auto enrolment pension in 2013, I'm currently paying 1% and my employer pays the same.

However I noticed on my paper work that my employer will start paying 5% as from October 2017 and 8% from October 2018.

I have spoken to my pension provider and this has not happened.

I have then spoken to the payroll of my employer and they have said they will not honour this

What should I do?
Thanks

Comments

  • HappyHarry
    HappyHarry Posts: 1,576 Forumite
    First Anniversary Name Dropper First Post
    The dates have been changed to April 2018 and April 2019.

    The employer contribution is not that high;

    Now - total contribution is 2%, of which employer must pay 1%

    April 2018 - total contribution is 5%, of which the employer must pay 2%

    April 2019 - total contribution is 8%, of which the employer must pay 3%


    So, you will see your contribution going up more than your employers.
    I am an Independent Financial Adviser. Any comments I make here are intended for information / discussion only. Nothing I post here should be construed as advice. If you are looking for individual financial advice, please contact a local Independent Financial Adviser.
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