The hidden scandal of net pay and low earners

clock • 3 min read

Ros Altmann calls for urgent action on 'net-pay' schemes, warning the impact on low earners will significantly worsen with contribution rates set to rise to 5%.

Auto-enrolment (AE) is a celebrated success, with millions more people having workplace pensions as a result. We want this success to continue - nobody wants to see confidence in workplace pensions...

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

More on Industry

Climate change becoming central factor in pension scheme member outcomes

Climate change becoming central factor in pension scheme member outcomes

SPP paper says climate change risk is a ‘present-day financial reality’

Martin Richmond
clock 30 June 2026 • 2 min read
Government urged to introduce pension health checks alongside dashboards

Government urged to introduce pension health checks alongside dashboards

M&G says the check could give savers the ‘clarity, confidence and support’ to plan for retirement

Holly Roach
clock 30 June 2026 • 1 min read
News Digest: The high-risk scramble to avoid Reeves's pension death tax

News Digest: The high-risk scramble to avoid Reeves's pension death tax

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 30 June 2026 • 1 min read
Trustpilot