DWP publishes supporting analysis for review of AE thresholds for pensions

DWP publishes supporting analysis for review of AE thresholds for pensions

The Department for Work and Pensions (DWP) has published supporting analysis for the review of the qualifying earnings band and earnings trigger for automatic enrollment (AE) into workplace pensions for the year 2021–2022. The analysis details the proposed thresholds of these for 2021–2022, the potential impact on various groups of changing these thresholds and general trends in pension saving.

The government has published the analysis supporting the review of the AE thresholds for 2021–2022. Following its annual review for 2021–2022:

• the AE earnings trigger will be maintained at £10,000

• the lower limit of the qualifying earnings band will remain at £6,240 and the upper limit will increase to £50,270 in order to maintain alignment with the national insurance contributions (NICs) lower and upper earning limits

The government says that the decision to maintain th

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