£95bn self-employed pension gap

Are you self employed or a part-time worker? If so, you will probably be making up one of the workers facing a £95bn pensions black hole.

Whilst the government's automatic enrolment of employees into pension plans has helped push the percentage of workers saving enough for retirement to a 5 year high of 53%, research by Scottish Widows shows that only 33% of the nations 4.5m self-employed workers, who do not qualify for the scheme are adequately prepared.

According to the survey almost 4 in 10 self-employed people do not save into pensions, ISAs or savings accounts.

So if this is you, how do you plan to fund your retirement?

If you would welcome a chat or advice - we are here to help.