Govt urged to act on pension saving as self-employed at record high

Highest employment since 1974

Hannah Godfrey
clock
"The government needs to focus urgently on this large proportion of the UK workforce to make pension saving more attractive" - Aegon's Steven Cameron
Image:

"The government needs to focus urgently on this large proportion of the UK workforce to make pension saving more attractive" - Aegon's Steven Cameron

The government has been urged to focus on making pension savings more attractive to those working for themselves as new ONS figures have revealed the number of self-employed workers has reached a record high.

Data from the Office for National Statistics (ONS), published today, showed the number of self-employed workers has reached a record high of 4.93 million - up 90,000 between January and March 2019...

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Retirement

MPs tell FCA to research tax-free pension lump sum 'decoupling'

MPs tell FCA to research tax-free pension lump sum 'decoupling'

Further research and testing

clock 18 January 2022 • 2 min read
The government has responded to its stronger nudge consultation

DWP steps up nudge programme to push savers onto Pension Wise

Minister plans to make Pension Wise guidance more accessible for those who want it

Holly Roach
clock 17 January 2022 • 3 min read
"The Coronavirus Act 2020 includes provisions to allow the extension to any of the powers contained within the bill and this issue should be raised urgently in government," said Graham Crossley, NHS pension specialist at Quilter.

End of Covid pension rules could see 7,000 NHS staff retire in March - Quilter

'Urgent action needed'

clock 17 January 2022 • 2 min read