Category: Income

We’ve frozen AE threshold levels, what’s next for increasing contributions?

January 24, 2025

Adequacy, Automatic enrolment, Contributions, Defined Contribution, Ethnicity, Gender, Income, Labour market, Pensions gap, Private pensions, Retirement

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…