Net pay issue to widen as AE lower earnings limit rise confirmed

James Phillips
clock • 3 min read

Low earners in net-pay schemes will lose out on more pensions tax relief as the gap between auto-enrolment (AE) qualifying earnings and the personal tax allowance widens.

Under plans announced by the Department for Work and Pensions (DWP) today (4 December), the lower earnings limit for AE is set to rise by £104 per year to £6,136 from April next year. Pensions a...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Contribution

WYPF makes £25m commitment to nature infrastructure fund

WYPF makes £25m commitment to nature infrastructure fund

Rebalance Earth’s fund monetises ecosystems such as flood mitigation and water purification

Holly Roach
clock 30 June 2025 • 2 min read
UK will become 'global innovator' in retirement income solutions, People's Pension says

UK will become 'global innovator' in retirement income solutions, People's Pension says

CIO predicts UK will be ‘country to watch’ when it comes to retirement products

Martin Richmond
clock 27 June 2025 • 1 min read
Savers' knowledge of four pillars of DC pensions remains 'critically low'

Savers' knowledge of four pillars of DC pensions remains 'critically low'

Nearly half of DC savers have never checked how much they have saved into their pension

Martin Richmond
clock 27 June 2025 • 4 min read
Trustpilot