ACA calls for government review to safeguard AE contributions

Michael Klimes
clock

The government should look at how to help small employers boost auto-enrolment (AE) contributions after the general election according to the Association of Consulting Actuaries (ACA).

The body is fearful that low earnings in small firms could lead to employee opt-outs rising markedly as minimum AE contributions increase from 2% of band earnings to 5% in 2017 and 8% a year later....

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

The People's Pension targets £4bn move into private markets

The People's Pension targets £4bn move into private markets

Master trust to initially invest in assets such as infrastructure and real estate

Jonathan Stapleton
clock 16 January 2025 • 3 min read
Reeves' megafund proposals should be replaced with 'comply or explain' DC regime

Reeves' megafund proposals should be replaced with 'comply or explain' DC regime

LCP says alternative approach would deliver better results more quickly for government

Professional Pensions
clock 13 January 2025 • 2 min read
Steve Webb and Laura Myers – There is a better way forward on DC investment

Steve Webb and Laura Myers – There is a better way forward on DC investment

DC megafunds will lead to ‘massive’ cost and disruption and may fail to deliver stated aims

Laura Myers and Steve Webb
clock 13 January 2025 • 5 min read
Trustpilot