The government has published its Pensions Bill today, covering proposed changes to auto-enrolment.
The Bill will implement measures in the Making automatic enrolment work review and the command paper A sustainable State Pension: when the State Pension age will increase to 66. The Bill increases the minimum threshold for auto-enrolment from the planned £5,000 a year to £7,500. It builds on reforms set out in the Pensions Act 2008 and Pensions Act 2007. Other measures in the bill include: • Aligning the earnings threshold for automatic enrolment with the personal allowance for income tax • Introducing an optional waiting period of up to three months before emplo...
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