Two routes to boosting pension pots of low-paid and part-time - research

Women disproportionately losing out

Hannah Godfrey
clock • 3 min read

Removing the auto-enrolment trigger and qualifying earnings calculation could more than double the pension pots of low-paid and part-time workers, most of whom are women, NOW Pensions has claimed.

A new Pensions Policy Institute (PPI) report, commissioned by NOW Pensions, has analysed the impact of removing the £10,000 auto-enrolment trigger and eradicating the qualifying earnings calculation from the auto-enrolment equation. Auto-enrolment minimum contributions stipulate the first £5,824 of an employee's earnings do not count for the purpose of auto-enrolment, while anything above £43,000 is also ignored. The report argued that removing the trigger and basing contributions on every pound of earnings could improve outcomes for all workers by thousands of pounds and would be pa...

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