The government has set out plans to scrap the auto-enrolment (AE) lower earnings limit and extend the programme to 18-year-olds, although no changes will take effect until the mid-2020s.
Ahead of the much-anticipated publication of the AE review tomorrow, the Department for Work and Pensions (DWP) has announced a package of measures designed to include more people in the AE regime and bring in a total £3.8bn of additional annual contributions. Under the plans, employees will still be subject to the earnings trigger - set at £10,000 for the 2018/19 tax year - but, once they earn above this amount, all earnings would be pensionable. AE reform's 'lethargic' pace to create 'lost generation' - Steve Webb Currently, the first £5,824 of earnings are not pensionable, but t...
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