Could auto-enrolment be extended to 18-year-olds?
05 January 2022
Conservative Member of Parliament (MP), Richard Holden, has tabled a motion in the House of Commons to extend auto-enrolment to those who are aged 18 and above, and those who are lower earners. Currently, auto-enrolment only applies to those who are 22 and above.
This will not only increase the pension savings of those aged 18 and above, but also potentially those who work part-time.
A review into auto-enrolment took place in 2017, and one of the recommendations made centred on the lowering of the minimum age at which auto-enrolment should apply.
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