Category: Automatic enrolment
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We’re expecting an update on the Value for Money framework in the upcoming pensions bill, alongside many other things… Put simply, the Value for Money framework is about focusing on net returns and not just costs. It’s simple, right? The Government sees that Master Trusts are competing on cost – if you charge above 0.4%…
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The pensions world is very interested in the upcoming pensions review on adequacy and retirement outcomes. There is widespread concern about the level of contributions people, employers and Government are paying into private pensions and thought will need to be put into how to increase contribution levels to meet retirement income adequacy measures such as…
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The DWP has announced that the automatic enrolment Earnings Trigger and Qualifying Earnings Band will stay the same in 2025/26 as it was in 2024/25. These affect eligibility and contribution levels and mean that: This means that as earnings increase, more people will be eligible for automatic enrolment, and people will receive and pay more…