Auto-enrolment means that, rather than having to actively choose to join a pension scheme, staff are put into one by their employer, if they meet certain criteria.
The Scheme provides a range of investment funds. If you don’t make an active choice yourself, the Scheme will automatically invest your pension in a combination of funds dependent on your age.
Deciding what to do with your retirement income is important. There are a number of options available to you depending on the size of your pension pot.
If you’ve worked for several employers it is likely that you have built up several pension pots. You may be able to transfer your existing pots into your Workers Pension account.
