Webb: increasing AE contributions not a priority

Instead, Webb said the government was focusing on the roll out of auto-enrolment. At present minimum auto-enrolment contributions at set at 8% of qualifying earnings. This is made up of a combination of employer, employee and government tax relief. Responding to a written question from MP Jonathan Evans, Webb said: "We have been clear in public information that 8% is a minimum amount and we are keen for people to save more if they can. "However, our priority is the successful roll out of automatic enrolment and it is important to encourage people to start saving before suggesting t...