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.
Tag: #PensionAE
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