DWP freezes AE thresholds for another year

Freeze in triggers should result in more people being able to save more towards retirement

Holly Roach
clock • 1 min read
DWP freezes AE thresholds for another year

The Department for Work and Pensions (DWP) has frozen the auto-enrolment (AE) qualifying thresholds for another year.

The DWP has revealed the results of its review into the AE earnings trigger and qualifying earnings band for 2023/24 - noting AE contributions would be based on a band of earnings between £6,240 an...

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 Industry

PRAG publishes master trust financial sustainability paper and updates TCFD guidance

PRAG publishes master trust financial sustainability paper and updates TCFD guidance

PRAG publications come ahead of its annual conference this week

Jonathan Stapleton
clock 18 November 2024 • 1 min read
Industry responds to DC and LGPS changes confirmed in Mansion House speech

Industry responds to DC and LGPS changes confirmed in Mansion House speech

Concerns about fewer individuals making decisions, member returns and sustainability

Jasmine Urquhart
clock 15 November 2024 • 5 min read
Women in Pensions and Rising Star Awards 2024: Photos from the night!

Women in Pensions and Rising Star Awards 2024: Photos from the night!

The industry's best were celebrated in a glittering ceremony on 14 November

Professional Pensions
clock 15 November 2024 • 1 min read
Trustpilot