Opting out of auto-enrolment pensions

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The Low Incomes Tax Reform Group (LITRG) has published a technical news article about opting out of a workplace pension.

Low income workers who have been put into a workplace pension under the auto-enrolment programme resulting in less take-home pay may be considering opting out. The LITRG explains the longer-term consequences of opting out so people can make an informed decision as to whether that is the right thing to do.

The full article can be viewed here.

As with all of our tax tips and web pages this information is necessarily summarised and of a general nature.  If you would like detailed specific advice please contact us.