Articles and information in relation to UK Payroll for business, employers and employees.
I am pleased to be able to let you know that I have today [26th January 2023] announced the outcome … Continue reading Automatic Enrolment Earnings Trigger and Qualifying Earnings Band for 2023/24.
Automatic Enrolment has helped millions put more into their pension pots than ever before, according to new figures released to … Continue reading Ten years of Automatic Enrolment – over £114bn pension savings
Laura Trott is the new Minister for Pensions with responsibility for pensioner benefits including the State Pension, private and occupational … Continue reading New Minister for Pensions – Laura Trott
Monday 17th October 2022 saw regulations to enable millions of UK savers to access their pensions information at the touch … Continue reading Pensions Dashboards – coming soon to a screen near you
Alex Burghart was appointed as Parliamentary Under Secretary of State for the Department for Work and Pensions on 20th September … Continue reading New Pensions Minister – Alex Burghart
TPR is warning employers to ensure they are complying with their ongoing automatic enrolment duties after inspections carried out earlier … Continue reading The Pension Regulator publishes new compliance and enforcement bulletin
Low earners who save through a Net Pay Arrangement (NPA) pension will get the same level of government top-up as … Continue reading 1.2 million low earners to see boost in take-home pay
Do you operate a banded pension scheme using qualifying earning? Have you checked that the start and end points meet … Continue reading Check your Auto Enrolment Pension scheme
PAYadvice endeavours to keep you as up to date as possible with the latest and developing changes impacting payroll and … Continue reading April 2022 – New Tax Year resources
The government have confirmed that the Pension Auto Enrolment thresholds have all been frozen at the April 2021 levels. For … Continue reading Pension AE threshold for 2022/2023 frozen
New measures to protect small pension pots from being eroded by charges were laid in Parliament Monday 10th January 2022. … Continue reading Small pension pot protection
Plans to protect small pension pots from being eroded by charges will be introduced in April 2022. Hundreds of thousands … Continue reading New rules put pension savers’ interests first
employers warned not to neglect their automatic enrolment responsibilities as use of TPR powers returns to pre-pandemic levels New figures … Continue reading New figures show The Pension Regulator (TPR) continues to ensure employers are meeting their pension duties
A new type of pension scheme, with the potential to provide better retirement outcomes and stability, moves a step closer. … Continue reading A new way forward for workplace pensions
Government plans to protect small pension pots by limiting the level at which fees can be charged on them will … Continue reading Pension fee shake-up
Pension Automatic Enrolment (AE) was introduced in October 2012 to require employers to provide and contribute to workplace pensions for … Continue reading Nearly 8 out of 10 UK employees (78%) had a workplace pension in April 2020.
New figures published 18th February 2021 demonstrate how The Pensions Regulator (TPR) is continuing to robustly protect savers. The latest … Continue reading Pension enforcement activity rises protecting savers
The Department for Works and Pension (DWP) have laid the draft regulations for a Pension Automatic Enrolment (AE) thresholds operational … Continue reading Pensions: The Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2021