Review into AE — Recommendations include reducing the minimum age of AE from 22 to 18, and removing the lower limit of the ‘qualifying earnings band,’ so that contributions are paid from the first pound earned. The Government accepts these recommendations and says its ambition is to implement them ‘by the mid 2020s’
Related Posts
Uncategorized
June 2022
June 2022
ABI and pensions industry call for increase in min AE contributions to 12% by 2031…
adminJune 20, 2022
Uncategorized
February 2021
February 2021
Financial Conduct Authority introduces ‘investment pathways’ for contract-based AE schemes, requiring providers to offer ready-made…
adminFebruary 20, 2021
Uncategorized
April 2019
April 2019
Second increase to minimum AE contributions to 3% for employers and 5% for employees.
adminApril 20, 2019