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Martin Lewis issues auto-enrol pension warning as Brit workers face losing money

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Martin Lewis has warned that millions of Brits have turned down a pay rise without realising they have.The money-saving guru shared the warning in a new blog post on his website moneysavingexpert.com.He claimed that 10% of the workforce have currently made the error and said many others are at risk of doing it.Martin says it happens when your employer "auto-enrols" you into a pension scheme, but you decide to opt out – which he says in most cases, is a "huge mistake".Auto-enrolment means companies must opt in their employees (aged 22 to state pension age) who earn above £10,000 a year to pay towards a private pension.This type of pension is a savings scheme to provide workers in later life on top of the state pension.Martin claims the.

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