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Automatic Enrolment (Amendment) Bill - Clause 1 - Extending automatic enrolment to young adults aged 18 to 21 and removing the lower earnings limit

24 March 2023

Lead MP

Jonathan Gullis

Debate Type

Bill Debate

Tags

Employment
Other Contributors: 7

At a Glance

Jonathan Gullis raised concerns about automatic enrolment (amendment) bill - clause 1 - extending automatic enrolment to young adults aged 18 to 21 and removing the lower earnings limit in the House of Commons. Other MPs contributed to the debate.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Opened the debate
The Bill aims to extend automatic enrolment for pensions to individuals aged 18 to 21, and remove the lower earnings limit. This move would significantly improve saving levels among low and moderate earners, particularly women and part-time workers. Research indicates that around 25% of people in Stoke-on-Trent North are not auto-enrolled into pension schemes, and this Bill seeks to address such gaps by providing more financial security for retirement. The proposed changes will require employers to contribute from the very first pound earned, enhancing the incentive to save. This Bill is a long-term project that has received cross-party support, ensuring stakeholder involvement through consultations.
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