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Don’t overlook the 2014/15 earnings thresholds for Auto Enrolment

Paul Weeks
Paul Weeks

If you are in the process of carrying out some forward planning in terms of costs for Auto Enrolment, remembder to take into account the 2014/15 thresholds that will be introduced from 6th April 2014.

The thresholds are:

  • £10,000 as the Automatic Enrolment earnings trigger
  • £5,772 as the lower limit of the qualifying earnings band (if qualifying earnings are to be used)
  • £41,865 as the upper limit of the qualifying earnings band (if qualifying earnings are to be used)

These figures will be reviewied annuall and we will be sure to keep you update with any amendments to these limits.

 

Paul Weeks

Contact the Author

Paul holds the Diploma in Financial Planning and is a member of the Personal Finance Society, the UK’s professional body for financial advisers. He joined Duncan Pocock (Insurance Brokers) Ltd, the business from which Wingate was formed, from a large UK insurer in 1997 as a Senior Financial Adviser. In July 2002 with Ben Clarke he co-founded Wingate Financial Solutions Ltd, which became WFS Consulting Ltd and is now the Wingate Benefit Solutions and Wingate Financial Planning businesses of today.

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