Can I use an existing personal pension to meet my auto-enrolment duties?

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Here are some things you should know about and check before using an Aegon personal pension to meet your auto-enrolment duties, or as a qualifying scheme:

  • The Aegon plan is provided under the umbrella of a personal pension scheme which is tax registered in the UK.
  • The plan can be used to meet auto-enrolment duties.
  • Contributions paid, or to be paid, to the plan must meet the minimum requirements set by the Government.

Minimum contributions

If you’re not paying the Government minimum contribution levels, the simplest way to avoid breaching the minimum contribution rules is to agree contributions calculated using percentage rates applied to pensionable earnings (as part of the contract of employment).

The rates and earnings definition can then be modelled around the minimum requirements set by the Government to make it easier for you to make sure the minimum requirements aren’t breached.

You should pay the contributions as detailed in the plan or policy terms and conditions. This is usually a fixed monetary amount that we can change if you ask us to. Visit our auto-enrolment or the Pensions Regulator (tPR)(Opens new window) website for more information.

Formal agreement between you and Aegon

There’s a legal requirement to have a contract in place between the provider and you, the employer, covering the auto-enrolment provisions. We’ve produced a standard agreement template and can send you this if you ask us to.

The agreement doesn’t need to be signed (or returned to us) but relies on the ‘negative consent’ principle, giving you a 30-day period of reflection.

Registering the personal pension with the Pensions Regulator (tPR)

You’ll need to give details of the number of personal pensions being used as qualifying schemes to the Pensions Regulator (tPR) – take a look at their checklist(Opens new window) to find out more.


This information is based on our understanding of current legislation, which may change.