Workers to take home more pay this year despite contribution rate hike

Kim Kaveh
clock • 2 min read

Workers will still get an increase in take-home pay this April despite the rise in auto-enrolment (AE) contributions, according to Royal London analysis.

The impact on pension scheme membership will be minimal, as increased contributions will be partly or fully offset for most people by pay rises and a more generous income tax system, the insurer sa...

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