Majority of self-employed lack back-up plans for early retirement, Aegon warns

A study by the provider found while more than two thirds (68%) pictured a smooth transition into retirement, the majority had not made provisions for any changes to their plans.  Of the 100 self-employed Aegon surveyed in February 2016, 53% felt optimistic they would have opportunities to work part-time before they retire. Aegon also referred to recent figures from the Department of Work and Pensions that found pension participation among the self-employed had fallen from 31% in 2005/06 to 14% in 2014/15.  Yet at the same time more and more people are opting to become self-employed...