Auto-enrolment pension: what it means for you

lovemoney.com
Pensions
Pensions

With the NEST auto-enrolment pension kicking off in two weeks, we look at exactly what it means for your retirement savings.

From the 1st October up to nine million employees will start being automatically enrolled into a pension scheme that will be linked to investments, such as shares, unless they choose to opt out. If you're one of them, your pay-packet will fall as you contribute to the pension, which is also paid into by your employer.%VIRTUAL-SkimlinksPromo%