In the UK, it is typical to choose a private pension provider that gives you a degree of control and visibility into the funds your pension is paid into. We are with a pension provider called Royal London. Royal London gives you the choice of 3 plans (lifetime, sustainability and shariah), and will be initially auto-enrolled* to the lifetime plan when you join.
We’ll auto-enrol* you (You can opt-out) and start making pension contributions from day 1, however, it will take up to 90 days to receive your Royal London welcome pack- this will be sent to your home address.
Contribution levels: 5% employee, 3% employer, and eligibility to join the tax-efficient salary sacrifice scheme