Auto enrolment was introduced as a way of getting more people saving for a personal pension. It places a legal duty on every employer to automatically enrol workers into a workplace pension scheme who:
- are not already in one
- are aged between 22 and State Pension age
- earn more than £10,000 a year
- work in the UK
The pension scheme will either be one selected by you or it will be a national scheme operated by a recognised provider. Individuals can opt out of the scheme but the idea of auto enrolment is to overcome apathy and inertia by putting everyone into a scheme by default.