Total minimum contributions rose to 5% in April, with a minimum of 2% coming from the employer and the remainder from the employee, rates will increase again in April 2019 to a total of 8%.
 
There had been some fears across the pensions industry this increase might cause a sharp growth in opt outs or leavers.  Official statistics on the consequences of this year's rise are expected later this month from the Department for Work and Pensions (DWP). 
 
Workers Pension Trust is pleased to report that we have not seen an increase in opt outs or leavers since the April increases.