The Pensions Advisory Service (TPAS) has launched a service for the self-employed with the aim of helping them save towards a better retirement.
The review will come in the form of a phone appointment that is tailored to the needs of the self-employed, covering topics such as money, work, family and health, all backed up by a summary document and online content. Prior to launching the service, TPAS conducted a pilot to better understand how the self-employed see retirement planning and what it could do to help. It found participants were keep to save into pensions for their retirement though levels of knowledge and confidence were low. The majority of those who took part in the pilot said the main barrier to retirement saving ...
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