Workplace pensions & auto-enrolment
Unless an employee decides to opt out of the scheme, all employers will be required to make contributions into a pension scheme on behalf of their employee. ‘Auto-enrolment’ Schemes were staged over a 6-year period, with different staging dates for different companies.
From 6 April 2019, a total minimum contribution of 8% of qualifying earnings (including an employer contribution of at least 3%) is needed in each relevant pay reference period to meet the standard quality test.
This minimum contribution level was the final step-up in a 3-year phased approach to increase auto-enrolment saving.
Employers initially certify their schemes quality testing basis and must renew certification every 18 months (maximum).
The value of your investment can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance. Investing in shares should be regarded as a long-term investment and should fit in with your overall attitude to risk and financial circumstances.
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What our clients say about us
May I use this opportunity to thank Cindy and Keith for the professional way that you have always handled my financial affairs. As a satisfied…
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I can’t speak highly enough of Paul and the team at Pembroke FS on the level of service received following my new mortgage for my…
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I’ve used Frances Boiling’s services for several years as my financial advisor. She has always been patient, informative and diligent. Most recently, she has helped…
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Paul helped us find an amazing deal on our mortgage. Explained everything in simple terms for us and answered our many questions. Already recommended to…
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I have known Karla professionally for some years. In that time, she has successfully managed my portfolios – personal and corporate – demonstrating a high…
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Thank you so much for all the help and advice you have provided. You have a great rapport as well as being very professional and…
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Your help going through my Investments and Pensions and your advice concerning the future really helped me plan the next 5 years. As I mentioned…
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I have known Ken Ozanne for well over a decade. During this time, he has helped sort out my parents’ complicated financial arrangements, looked after…
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I have always found Pembroke friendly and efficient.
I just wanted to say that I’m really impressed with the performance of our pensions and ISA. In such difficult times it is clear to…
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We are confident that going forward we have a healthier handle on this area of our finances and really appreciate the professionalism of Pembroke.
Myself and Debby really appreciate the clear and invaluable advice that has been given to us over the past few years and will certainly be…
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I very much appreciate the time and consideration you have taken on my behalf. I have never received such splendid advice and attention and I…
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We partly rely on income from our investments and for the past fifteen years, Suzanne Benson has been our IFA. Our confidence has been well…
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I would like to introduce you to my cousin, who I have included on this email. She is looking for someone to support her with…
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Julie was so helpful, professional and efficient and worked very hard to get us the best deal Thank you so much for all your hard…
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Would highly recommend. A very efficient team always ready to help and answer any questions.
It is without hesitation that we would highly recommend Antrams and in particular Lester Killip and Phil Revell. Throughout our dealings with Antrams, we have…
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I want to thank you for everything you did for Muriel – I know that she thought of you as a friend as well as…
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Dear Keith, It was a pleasure to catch up with you today and thank you for the in depth report on our investments with you.…
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Very pleased with Pembroke, Paul in particular was incredibly helpful over a couple of in-person meetings and then numerous emails to select a mortgage and…
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Superb attention. Very personalised prompt service. The team are excellent and I felt they always had my best interests at heart. I shall be continuing…
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I have been dealing with Paul Grennan and Julie Ward for a mortgage that has not been entirely straightforward. Frankly, I am so impressed by…
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Great support and communication throughout the entire process, by Julie.
Pembroke Financial Services (Julie especially) actively went above and beyond what I expected from a mortgage adviser, they really went that “extra mile” for me…
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Paul and the whole team at Pembroke were so friendly and helpful throughout the purchase of our first property. Paul was happy to answer all…
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I would also like to take this opportunity to thank you very much for all the clear financial advice you have given not only Sue…
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Following a significant life event, I needed to know and understand the financial options available to provide security for me and my children. Sue listened…
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I have kept an eye on my pension recently and saw on Friday that it is now above the best Pre-COVID level. What a brilliant…
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From a personal point of view Pembroke Financial Services has always provided an efficient and friendly service with relevant advice. As a client of my…
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Just received the latest 6 monthly valuation statement from Standard Life (a 10% increase!), and so wanted to say thank you to Keith and to…
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We are more than happy with the way you, Stuart and anyone else involved at Pembroke have dealt with our pensions/transfers. You have always explained…
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Really helpful from the whole team. Options quickly and clearly explained, and they delivered the right product offered which was organised in good time. Thanks…
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I thought the review pack was excellent. Very clear, informative, good exploration of our options, cost modelling and I totally agree with your recommendations. By…
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Thanks for the update on our investments. We are very pleased as usual, please pass our thanks to the other Keith too. Given the current…
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Thank you very much, Keith, and thanks again for your time and patience today. Jack and I thoroughly enjoyed our visit – and that’s not…
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We want to thank you very much for your stewardship. I know that it is your professional attention to detail and your objective involvement which…
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I want to thank you so much for the investments that you worked out for me. I am able to live very comfortably – 3…
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Good service, all options explained clearly, good follow up, kept in touch all the way through to the end of the transaction, very aware of…
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I just received the review and haven’t read it yet but am extremely pleased with the results over the past 6 months on my account…
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I just wanted to let you know it was a good to meet you last week, and to thank you and the team for all…
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I’d like to take this opportunity to thank you for the personal and professional service which is much appreciated.
Thanks again Jo! I definitely wouldn’t be doing this trip without your advice and support! I really do appreciate how brilliantly you do what you…
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I received very prompt, easy to understand information with reference to my position as Power of Attorney for my Downs Syndrome brother regarding a query…
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I have known Karla for a number of years and have seen her flourish into a fine and professional financial adviser who places the clients’…
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I would like to take the opportunity to let you know that my experience with Seb Lewis is absolutely fantastic. He is providing me with…
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Fantastic service throughout the process of buying our first home. My partner and I were guided through the process and our circumstances were considered every…
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Cindy is the ideal PA since she is always a joy to contact, will resolve problems initially or if unable to will expedite the issue…
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We were very pleased with our meeting with Seb, a very kind and polite person, his knowledge gave us confidence and he was able to…
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I just wanted to let you know how impressed I have been with the very professional way in which Jamie Clay has dealt with a…
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I was not expecting such an exciting performance from virtually everything and must take this opportunity to be serious and tell you how much I…
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I have used Sue as my IFA for 20 years and have recommended her to friends. Sue has a great knack for explaining money matters…
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Trustworthy, reliable, prompt and totally honest! I will only ever use these guys for my business, they are simply Awesome!
Please thank Sue for all her help. It is always a pleasure to speak to her. She sounds like a lovely young lady.
My advisor, Hena Shad, and Antrams [now Pembroke] have been committed to putting my needs first and have gone above and beyond to ensure my…
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Just to let you know we had a really good session with Jamie Clay yesterday- he was very warm, easy to talk to, listened to…
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I took the jump and dived in to look at my pension, well you are all very clever because considering the markets I was pleasantly…
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Fantastic experience with Paul and Julie. Super helpful, communicative and full of advice. Will not hesitate to use Pembroke in the future.
My partner Caroline and I recently bought our first home, and we really cannot overstate how helpful and reassuring Pembroke were throughout the whole process.…
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Sue was already my IFA of long-standing when I needed to make the right choices for my retirement. As an academic seeking a partial retirement,…
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I am very happy with the service that I have received from Pembroke Financial Services on the transfer of my pension from a final salary…
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