Updated

Updated · FT Adviser · Jun 11

Think-Tank Urges Pension Support for 4.4 Million Self-Employed as Savings Participation Plunges

Updated

Updated · FT Adviser · Jun 11

Think-Tank Urges Pension Support for 4.4 Million Self-Employed as Savings Participation Plunges

1 articles · Updated · FT Adviser · Jun 11

A think-tank said people moving into self-employment need more help to stay in pension saving, warning participation drops sharply once workers leave traditional payroll schemes.
Low take-up among the self-employed sits at the center of the concern, with the group arguing current pension arrangements do too little to keep contributions going after that employment shift.
The call highlights a wider retirement-savings risk for self-employed workers, who can miss out on the automatic enrollment structures that support pension participation for employees.

Sources

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