Taylor Review. Articles

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.