Two million self-employed have no pension savings - Prudential

The life company said two-fifths of self-employed workers - the equivalent of two million people - have admitted to having no form of pension and more than one-quarter said they will be reliant on the state pension as their main source of retirement income, which is currently worth just £8,546 a year. According to Prudential's study of 1,178, conducted by independent researchers Consumer Intelligence, one-quarter (27%) of those questioned would support the expansion of auto-enrolment to cover the self-employed while the same amount (27%) would back compulsory pensions saving. Prudenti...