19
Jun
2019
A question about : AE Employer Contributions & SIPP's
I am hoping we have a pension expert who can give me a pointer regarding AE and SIPP's.
As I understand, if a member of staff wishes to opt out of auto-enrolment, they lose entitlement to employer contributions. The major providers of SIPPs, BestInvest, HL and so on, do not seem to offer a SIPP for individuals which are compliant with AE.
What should an employee do who wants to utilise a SIPP whilst continuing to receive employer contributions? Is it even possible and are there any brokers who offer such a product?
If anyone is able to help, I thank you in advance.
Best answers:
- I suspect that the op will still be an opt out and it would be an individual scheme that would be set up and not an auto-enrolment scheme. Mainly as there is already an auto enrolment scheme in place.
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