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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

DB surpluses, endgame solutions, TPR innovation service, PP Live

Professional Pensions
clock 23 May 2025 • 1 min read
Majority say regulator should have someone with pensions experience in senior ranks

Majority say regulator should have someone with pensions experience in senior ranks

PP survey finds 93% of respondents say regulator should have pensions experience in high-ranking roles

Martin Richmond
clock 23 May 2025 • 4 min read
News Digest: Denmark raises retirement age to 70; Canada's largest pension plan drops net zero target

News Digest: Denmark raises retirement age to 70; Canada's largest pension plan drops net zero target

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

Professional Pensions
clock 23 May 2025 • 1 min read
Trustpilot