26 March 2012
The DWP has, in its "Automatic enrolment earnings threshold
review and revision" report, dated March 2012, proposed the
automatic enrolment trigger and earnings bands that it is to place
before Parliament for approval.
The proposed values for the tax year 2012/13 are:
£8,105 for the automatic enrolment earnings trigger
£5,564 for the lower limit of the qualifying earnings
band
£42,475 for the upper limit of the Qualifying earnings
band
From October 2012 (subject to the employer's own start date) all
eligible workers will be automatically enrolled into a qualifying
pension scheme.
To read more about automatic enrolment please click
here.
