The investments into your existing (qualifying) pension scheme, or new separate auto enrolment pension scheme, will be governed by a minumum contribution rate.
This is known as the Full Qualifying Rate (FQR).
The FQR is set at 8% of the Band Earnings between £6,240 and £50,270.
The Employer must pay at least 3.00%, the balance being paid by the Worker / Employee and HMRC tax relief.
Banded Earnings
