Originally started in readiness for 2021, PAYadvice.UK are constructing its popular PAYadvice Series Legislation Update 2027 for payroll. We believe … Continue reading Legislation updates 2027 for payroll
Tag: #PensionAE
Pension scheme reforms to tackle gender pension gap
Millions of working women will be better off with new measures being introduced to tackle historic gender pension gap. Millions … Continue reading Pension scheme reforms to tackle gender pension gap
Automatic Enrolment: the Earnings Trigger and Qualifying Earnings Band Review 2026/2027
The automatic enrolment earnings trigger determines at what point an eligible person gets automatically enrolled into a workplace pension. The … Continue reading Automatic Enrolment: the Earnings Trigger and Qualifying Earnings Band Review 2026/2027
Employer Bulletin: October 2025
HMRC publishes the Employer Bulletin 6 times a year, giving employers and agents the latest information on topics and issues … Continue reading Employer Bulletin: October 2025
Pensions Commission revived to confront retirement crisis
…to confront retirement crisis that risks tomorrow’s pensioners being poorer than today’s Almost half of working-age adults are still saving … Continue reading Pensions Commission revived to confront retirement crisis
Workers in line for £29,000 boost due to pensions Bill
This Bill is set to transform the pensions landscape for years to come and put more money in people’s pockets … Continue reading Workers in line for £29,000 boost due to pensions Bill
20 million to benefit from new Pension Schemes Bill
Millions of people across the UK will find it easier to manage and get more from their pensions thanks to … Continue reading 20 million to benefit from new Pension Schemes Bill
Payroll dates – what affects what?
PAYadvice.UK sees a number of social posts and questions around the effective payroll dates when crossing from the 2024/2025 tax … Continue reading Payroll dates – what affects what?
Minister for Pensions at the Pension and Lifetime Savings Association Conference 2025
Torsten Bell MP was appointed Parliamentary Secretary in HM Treasury and Parliamentary Under Secretary of State in the Department for … Continue reading Minister for Pensions at the Pension and Lifetime Savings Association Conference 2025
Automatic Enrolment: the Earnings Trigger and Qualifying Earnings Band Review 2025/2026
The following was announced on Tuesday 21st January 2025: Automatic enrolment (AE) into workplace pensions has transformed workplace pension saving … Continue reading Automatic Enrolment: the Earnings Trigger and Qualifying Earnings Band Review 2025/2026
Torsten Bell appointed Minister for Pensions
Torsten Bell MP has been appointed Parliamentary Secretary in HM Treasury and Parliamentary Under Secretary of State in the Department … Continue reading Torsten Bell appointed Minister for Pensions
December 2024 Employer Bulletin
HMRC have issued the December 2024 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, … Continue reading December 2024 Employer Bulletin
Winter workers – employer pension duties
The Pensions Regulator (TPR) is reminding employers that if they employ short-term staff over the winter period who are not on … Continue reading Winter workers – employer pension duties
Employer pension – common errors
The Pension Regulator has shared information on two updates to the automatic enrolment pages of TPR’s website. These are designed … Continue reading Employer pension – common errors
Issue 124 of Agent Update – October 2024
Dear PAYadvice.UK, Agent Update: issue 124 is available now. Get the latest guidance and information including:•helping us protect workers from getting … Continue reading Issue 124 of Agent Update – October 2024
August 2024 Employer Bulletin
HMRC have issued the August 2024 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, … Continue reading August 2024 Employer Bulletin
Employing seasonal or temporary staff – don’t forget pensions
The Pension Regulator (TPR) is reminding employers who recruit summer or other types seasonal workers of their legal duties for … Continue reading Employing seasonal or temporary staff – don’t forget pensions
New Pension Minister – Emma Reynolds MP
Emma Reynolds has been appointed as Parliamentary Secretary at HM Treasury and the Department of Work and Pensions on 9th … Continue reading New Pension Minister – Emma Reynolds MP
Pension rights when on maternity leave
Pension contributions during Statutory Maternity Leave One of the common questions in payroll and employment rights social media groups is … Continue reading Pension rights when on maternity leave
Employment boost of 200,000 as cost of living support extended
Plans to boost economic activity while supporting vulnerable people with the cost of living will be driven through by Work … Continue reading Employment boost of 200,000 as cost of living support extended
Efforts to tackle small pension pots step up a gear
A new group designed to help savers track their pensions was launched on 7th February 2024 by Pensions Minister Paul … Continue reading Efforts to tackle small pension pots step up a gear
Pension AE: Earnings Trigger and Qualifying Earnings Band Frozen for 2024/25
Automatic enrolment (AE) into workplace pensions has been a great success to date. Since 2012 over 11 million people having … Continue reading Pension AE: Earnings Trigger and Qualifying Earnings Band Frozen for 2024/25
Putting savers at the forefront and supporting the UK economy
Paul Maynard, Minister for Pensions Minister for Pensions Paul Maynard addressed an audience at the Professional Pensions Investment Conference on … Continue reading Putting savers at the forefront and supporting the UK economy
Pension AE changes on the way – but when?
Private Members’ Bill to help millions save more into their pension and start saving sooner has cleared Parliament and been … Continue reading Pension AE changes on the way – but when?
Summer and seasonal only staff – Pension obligations
Social media groups have seen some questions by employers and payroll on whether there are pension requirement for temporary summer … Continue reading Summer and seasonal only staff – Pension obligations
Pension Tax Relief – what are HMRC on about?
In the August 2023, the HMRC are again reminding employers on the confusing pension scheme tax relief methods along with … Continue reading Pension Tax Relief – what are HMRC on about?
August 2023 Employer Bulletin
HMRC have issued the August 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading August 2023 Employer Bulletin
April 2023 Employer Bulletin
HMRC have issued the April 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading April 2023 Employer Bulletin
Bill passed to expand pension saving to young and low earners
The Department for Work and Pensions (DWP)… confirmed it will support proposals to expand Automatic Enrolment, enabling millions of people … Continue reading Bill passed to expand pension saving to young and low earners
Automatic Enrolment Earnings Trigger and Qualifying Earnings Band for 2023/24.
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.
Ten years of Automatic Enrolment – over £114bn pension savings
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
New Minister for Pensions – Laura Trott
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
Pensions Dashboards – coming soon to a screen near you
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
New Pensions Minister – Alex Burghart
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
The Pension Regulator publishes new compliance and enforcement bulletin
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
1.2 million low earners to see boost in take-home pay
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
Check your Auto Enrolment Pension scheme
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
April 2022 – New Tax Year resources
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
Pension AE threshold for 2022/2023 frozen
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
Small pension pot protection
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
New rules put pension savers’ interests first
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
New figures show The Pension Regulator (TPR) continues to ensure employers are meeting their pension duties
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 way forward for workplace pensions
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
Pension fee shake-up
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
Nearly 8 out of 10 UK employees (78%) had a workplace pension in April 2020.
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.
Pension enforcement activity rises protecting savers
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
Pensions: The Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2021
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