Automatic Enrolment Thresholds (Annual Review)

Thursday 6th September 2012 Written Statements

[The Minister of State, Department for Work and Pensions (Steve Webb)]

I am pleased to announce that later today I will be publishing the Government’s consultation on the review and revision of earning thresholds for automatic enrolment 2013-14.

This is an annual exercise. The report sets out the context of this review, the evidence base and the proposed rates for 2013-14. We are seeking views both on the factors that should inform next year’s thresholds and the proposed rates. We would welcome responses in particular that tell us more about the tax relief method that schemes are currently using.

The consultation paper will be available later today on the Department’s website: http://dwp.gov.uk/consultations/ 2012/ and I will also place a copy in the House Library.