Asked by: Gregg McClymont (Labour - Cumbernauld, Kilsyth and Kirkintilloch East)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, how many people have fallen below the auto enrolment threshold in each year since that policy was introduced.
Answered by Steve Webb
Under the Pensions Act 2008, the automatic enrolment earnings trigger is reviewed by the Secretary of State every year, and revised if necessary. Since automatic enrolment was introduced in October 2012, two annual reviews to the trigger have been conducted. The table shows the impact of changes to the earnings trigger.
Earnings trigger revised | Number of individuals in eligible target group excluded | |||
From | To | |||
2012/13 | £8,105 | 2013/14 | £9,440 | 420,000 |
2013/14 | £9,440 | 2014/15 | £10,000 | 170,000 |
Table 1: Impact of changes to the automatic enrolment earnings trigger in each of the two annual reviews since the policy was introduced.
Note: The figures refer to the eligible target group in the private sector. This includes individuals aged 22 to the State Pension age who earn above the earnings trigger and are not in a qualifying pension scheme.
Asked by: Gregg McClymont (Labour - Cumbernauld, Kilsyth and Kirkintilloch East)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, whether he proposes that his planned charge cap on workplace pensions from April 2015 will apply to new collective defined contribution schemes.
Answered by Steve Webb
The Government's Defined Ambition Bill will bring new forms of collective pension arrangements to the UK, and it is vital that member protection, good governance and fair charges remain at the heart of this system.
Details of how any charge cap may be applied to Collective Defined Contribution schemes will be in place before this legislation is commenced.
Asked by: Gregg McClymont (Labour - Cumbernauld, Kilsyth and Kirkintilloch East)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, how many people are below the earnings threshold for auto enrolment into a workplace pension in each (a) region, (b) constituent part of the UK and (c) parliamentary constituency.
Answered by Steve Webb
The information is not available in the format requested.