pensions Articles

Self-employed pension saving dips to record low
marketing | 8 October 2021
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Self-employed pension savings hit a record low in the year leading up the pandemic, according to figures released by HMRC.

Whether it’s through an umbrella company like, as a sole trader or through a limited company, more people are choosing to work for themselves. But the amount that self-employed workers pay into their pension pots is on the decline.

Three quarters of self-employed have no pension
marketing | 7 August 2017
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A survey of British workers has revealed that almost three quarters (73 per cent) of self-employed people have no personal pension.

The survey revealed that self-employed Brits contribute less to their pensions each month, start saving for retirement later and are less likely to know what’s in their pension pot.

With questions raised about pension provision for contractors, the survey suggests that the pension industry is not meeting the needs of the self-employed community. 

There are numerous benefits and reasons that umbrella companies exist for contractors working in the UK and it is not just that they allow contractors to benefit from tax relief for travel and subsistence costs

For very large employers and the employees working through them the first stage date for auto enrollment occurred on 1st October 2012.

Fewer Contractors Saving for Retirement

New research suggests that the pensions system is broken for independent workers, with a 12% increase in the number of contractors that aren’t saving for retirement.

The survey of 1,000 contractors shows that almost two-thirds of people that work for themselves avoid paying any money into a personal pension scheme.

That equates to almost three million contractors that may not have enough money when they finally give up work.

A glance around the UK’s media landscape reveals certain themes to the column inches and news clips we consume. In particular, the subject of pensions takes up a daily residency in our economic news diet.

editor | 3 December 2014
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For some time now – well, at least over the last few months – the UK’s burgeoning contracting and freelancing community have been receiving platitudes. ‘Britain is the freelance capital of Europe’, they say, with the ‘most mobile and resilient workforce out there’, they say.

editor | 12 July 2012
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Pensions Reform


People are living longer and are therefore expected to require pensions for longer.