Are you making the most of your workplace pension?

Here, we explain how to get the most out of your workplace pension. Overall workplace pension participation among eligible private sector employees rose from just over 40% in 2012 to 89% in 2024. Find out more: workplace pensions explainedHow workplace pension rules could change in futureIn spite of some positive trends, there are still concerns that current levels of pension contributions are not enough. Some also offer matched contributions, where they'll pay more into your workplace pension if you agree to increase contributions too. Get full pension tax reliefYou may have to actively claim pension tax relief if you are a higher-rate taxpayer (ie you earn more than £50,270 a year, or more than £43,663 in Scotland).