WPC hears AE contribution level hike 'will be too much'

Industry experts suggested an opt-up and opt-down tool for savers as AE minimums rise

Holly Roach
clock • 4 min read
Industry experts spoke today at the WPC hearing
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Industry experts spoke today at the WPC hearing

Increasing auto-enrolment (AE) minimum contributions to 12% will be too much, according to industry experts.

Speaking this morning (27 April) at a Work and Pensions Committee (WPC) hearing, Nest managing director for strategy and analytics Will Sandbrook suggested that increasing minimum contributions fro...

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Holly Roach
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Holly Roach

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