Legislation
Pensions (Extension of Automatic Enrolment) (No. 2) Bill
Date
Ongoing
Summary
This Bill has passed through the House of Lords and has gained royal assent.
The Bill permits two extensions to automatic enrolment – abolishing the Lower Earnings Limit (LEL) for contributions and reducing the age for being automatically enrolled to 18 years old.
Millions of people, including low earners and younger workers, will be helped to save more into their pension and look after their financial futures.