What is auto-enrolment?

Employees are automatically enrolled into the Wincanton Pension Scheme if they:

• are not currently an active member of the Wincanton Pension Scheme,
• are aged 22 or over and under State Pension Age, and
• earn more than £10,000 a year.

Some employees who do not meet these criteria still have a right to ask to join the pension scheme. 

Wincanton will automatically take a contribution directly from your pay (via a salary sacrifice arrangement known as SMART Pensions). The minimum deduction made will be 5% of your pensionable earnings. Wincanton will also make a contribution of 3% of your pensionable earnings.

If you’ve been automatically enrolled and want to know more about what it means, you can either watch our handy auto-enrolment video, visit the Should I join? page or find out more about the Wincanton Pension Scheme.

You can choose to opt out of the Wincanton Pension Scheme if you are automatically enrolled, but Wincanton has a legal obligation to automatically re-enrol you back into the pension scheme every three years. You should think carefully before opting-out of the pension scheme as this can be a valuable benefit to you. The level of your life cover may reduce if you opt-out of the pension scheme.