Get self-employed saving into pensions via self-assessment, say providers

The two pension providers have teamed up to create a report Solving the under-saving problem among the self-employed. In it, the pair have argued that, as part of completing an annual tax return, self-employed people could nominate a pension provider or scheme to receive their contributions and would then have a sum automatically added to their total tax bill - perhaps equal to 4% of their taxable profits, they suggested. The providers pointed out that, with standard rate tax relief, this would mean 5% of the self-employed person's profits would go into a pension unless they actively ...