Boosting auto enrolment would lead to £96k extra in pension pots, experts say
[ Increasing the minimum pension auto-enrolment contribution rate to 12 per cent could boost pots by £96,000, new analysis shows. Currently, the auto contribution rate is 8 per cent, including a 3 per cent employment contribution and a 5 per cent employee contribution. If raised to 12 per cent, a typical 18-year-old would have an … Read more
