As the government considers expanding the auto-enrolment programme to young people and lower earners, Laura Suter asks whether the policy is a good idea...
The government is currently looking at proposals to expand auto-enrolment so that everyone is eligible, from 18-year-olds in part-time work to people working multiple jobs that are each below the current £10,000 threshold. In principle the plans make sense. They are threefold. First, to reduce the age you're entitled to auto-enrol from 22 down to 18; second, to reduce the current £10,000 earnings trigger for auto-enrolment eligibility down to zero; and third, get rid of the qualified earnings bands, which mean that currently you only get contributions on earnings between £6,240 to £50,27...
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