New Earning Thresholds Announced

The Government has set out the earnings thresholds for automatic enrolment into a qualifying workplace pension scheme that will apply from 6 April 2015. The lower limit of the qualifying earnings band will increase from £5,772 to £5,824 and the upper limit will increase from £41,865 to £42,385, whilst the minimum earnings threshold for automatic enrolment will remain at £10,000.

 

Auto enrolment graph