Advising the self-employed

clock

Fiona Murphy looks at the challenges of advising the self -employed on their retirement plans

Some 4.2 million people registered as self-employed over the three months to April 2012, according to research from the Office of National Statistics.That is a vast market of people and it is growing rapidly. However, what we do not know is how many plan for their retirement. Self-employed people deal with accountants, solicitors and other professional advisers regularly so it makes sense to suggest they might work with an IFA. However, according to Andrew Wilkins, a chartered insurance practitioner at Philip T English, this is not the case. Wilkins says: "Self-employed people are...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Income

Market turbulance, de-risking for retirement and the crucial role of annuities

Market turbulance, de-risking for retirement and the crucial role of annuities

Annuities are now back to pre-2008 credit crunch levels

William Burrows
clock 17 April 2026 • 5 min read
Why annuities are back on advisers' agendas

Why annuities are back on advisers' agendas

'Another factor bringing annuities back into focus is the evolving tax landscape'

Ahmed Bawa
clock 24 March 2026 • 4 min read
Just guaranteed income for life sales soar amid adviser demand

Just guaranteed income for life sales soar amid adviser demand

Reports IFRS loss before tax of £118m for 2025

Jen Frost
clock 27 February 2026 • 2 min read