Millions of self-employed 'locked out' of pension saving - research

The study, commissioned by Now: Pensions and carried out by the Pensions Policy Institute, found 85% of self-employed people do not save into a private pension. That figure was 73% in 2008/09. It said the self-employed contribute about £305bn to the UK economy but were languishing when it came to pension provision. The report said it was partly because "lower than average incomes and the need for financial liquidity can make it difficult to save consistently".  However, it added attitude to pension saving was also a barrier. Claire Trott: Getting the self-employed to engage with pe...