The government released its auto-enrolment review report this week Here Kim Kaveh of PA's sister title Professional Pensions runs through the 10 key proposals in full
The 10 key points are: Automatic enrolment duties will continue to apply to all employers, regardless of sector and size. The government wants pension saving to be the norm when most individuals start work. It wants young people from age 18 to benefit from AE and its ambition is to lower the age criteria from 22 to 18. However, this will not take effect until the mid-2020's. It wants to change the framework for AE so that pension contributions are calculated from the first pound earned, rather than from a lower earnings limit of £5,876 (in 2017/18). As part of the proposals...
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