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5 reasons why you need a workplace pension

5 reasons why you need a workplace pension

Category: Retirement

Updated: 13/01/2017
First Published: 13/08/2013

Since changes to the law came into force in October 2012, millions of people will receive a workplace pension for the first time.

Download your FREE guide to Workplace Pensions from the Department of Work & Pensions.

If you're in work, your employer will automatically enrol you into a scheme. You can opt out but think carefully – what's your plan B going to be?

This is going to affect you if you're:

  • not already in an eligible pension scheme at work
  • aged 22 or over
  • under State Pension age
  • earn more than £10,000 a year (tax year 2016/17)
  • work in the UK

Free Workplace Pensions guide download

Disclaimer: This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.