Category: Labour market
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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…
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I gave evidence to the work and pensions select committee today on pensioner poverty. They are interested in the causes of pensioner poverty and the role that state pensions and benefits play in ameliorating poverty. We talked about so many things during the hour in which I gave evidence alongside Carl Emmerson (IFS), Carole Easton…
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I watched the live stream of the Resolution Foundation seminar yesterday on their excellent report: A hard day’s night: the labour market experience of low-to-middle income families. This report highlights that employment rates have increased among low income families despite factors which would have been expected to reduce rates. The report notes several important factors:…
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I attended the launch of the OECD’s 2024 edition of Pensions Outlook today, kindly hosted by Standard Life at Barings. One of the key themes of this year’s report is inclusivity, as in – how do we ensure all working people are included in quality pension savings? The OECD concludes that multi-employer schemes can play…