The automatic enrollment earnings trigger determines at what point an eligible person gets automatically enrolled into a workplace pension. The qualifying earnings band sets minimum contribution levels for money purchase pension schemes. The minimum of the band is also relevant for defining who can opt in if they earn under the earnings trigger. The government … Continue reading Pension AE – Freeze continues for 2026
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The Department for Work and Pensions (DWP)…confirmed it will support proposals to expand Automatic Enrolment, enabling millions of people to save more and to start saving earlier. Jonathan Gullis MP’s Private Members Bill, backed today by the government, grants two extensions to Automatic Enrolment – abolishing the Lower Earnings Qualifying Threshold for contributions and reducing … Continue reading Pension Auto-Enrolment Bill passed to expand to both young and low earners