Pension Calculator (UK Workplace)
A workplace pension accumulates contributions from both employee and employer over a working career, invested for long-term growth. Auto-enrolment (mandatory since 2012) means most UK workers contribute to a pension automatically. The minimum total contribution is 8% of qualifying earnings (3% employer, 5% employee).
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Tip: Even a 1% increase in contributions early in your career can add tens of thousands to your eventual pot due to compound growth. At 6% annual returns, money doubles every 12 years.
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