All self-employed articles
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News
Government should intervene to help self-employed save
Scottish Widows calls for the government to provide auto-enrolment alternative for the self-employment
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News
Half of freelance workers not saving for their retirement
Almost half (45%) of freelance and other self-employed workers do not save into a pension, according to new research.
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News
One third of self-employed trial Nest members have ‘zero pots’
On the go: Around a third of self-employed Nest members in a Nest Insight savings trial have never made a contribution to their pension pot.
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News
Nest plans boardroom overhaul in diversity drive
Nest is recruiting for three new non-executive directors as it attempts to improve the diversity of its board, the master trust’s chair has told Pensions Expert.
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News
Labour ‘should bring in workplace pension for self-employed’
On the go: A future Labour government should look to establish a workplace pension for self-employed workers, a centre-left think tank has said.
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News
MPs call for AE reforms to be introduced by spring 2023
The Work and Pensions Committee has called on the government to introduce auto-enrolment reforms next spring, while setting up new policy goals to ensure a “new consensus on adequate retirement income” is achieved.
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News
Opperman: 12mn people are under-saving for retirement
Pensions minister Guy Opperman has told MPs that around 12mn people are under-saving for their retirement, accounting for 38 per cent of the nation’s working age population.
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News
PPI: More data needed on ethnic groups’ retirement outcomes
On the go: While it is known that people from Pakistani, Bangladeshi, black, and other minority ethnic groups suffer poorer retirement outcomes than the white majority of savers, the data collected does not allow us to properly examine why that is the case, according to the Pensions Policy Institute.
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News
Evri auto-enrols couriers with Smart Pension
On the go: Parcel delivery service Evri has appointed Smart Pension to provide workplace pensions for more than 12,000 “self-employed plus” couriers.
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News
MPs back tax return solution for self-employed retirement savings
The All-Party Parliamentary Group on Financial Resilience has thrown its weight behind using the tax system to help the self-employed save for retirement.
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News
TPR working on granting pensions to 200,000 gig economy workers
On the go: The Pensions Regulator is working to give gig economy workers access to pensions, but “legal complexities and routine challenges from employers” remain a challenge.
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News
Self-assessment pension trials results expected in summer
On the go: The results of a trial to boost retirement savings for the self-employed, involving the existing self-assessment tax system, will be published in summer, a Treasury minister has revealed.
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News
New ONS data exposes ‘shocking’ pensions inequality
On the go: One-10th of the UK population held more private pension wealth than the rest of the country combined between 2018 and 2020, new research has revealed.
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News
Union takes Bolt to court over pension rights
GMB union is taking ride-hailing service Bolt to court in a bid to grant its drivers employment rights including pensions, while Uber has promised a Sharia-compliant pension fund for its drivers by October.
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News
Rise in ‘bogus self-employment’ will lead to old age poverty
On the go: A rise in “bogus self-employment” means many individuals are missing out on employment benefits such as a pension, according to Jack Jones, policy and campaigns support officer at the Trades Union Congress.
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Opinion
Five years on the ‘pensions horse’, is Opperman winning the race?
Almost five years have passed since Guy Opperman assumed the role of pensions minister, which we all know he asked for. What we can hope is that after all these years he knows what a guaranteed minimum pension is.
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News
TPR chief backs using tax returns to bring self-employed into pensions
The Pensions Regulator’s chief executive, Charles Counsell, has backed using self-assessment tax returns to encourage more self-employed to save into pensions, in a bid to tackle huge levels of pensions under-saving in the cohort.
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News
Disabled savers’ pension wealth is just 36% of UK average
On the go: Auto-enrolment is excluding disabled savers, leaving them with pension wealth of just 36 per cent of the average UK saver, according to new research from Now Pensions.
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News
Uber faces legal action over Sharia compliant pension arrangements
On the go: The App Drivers & Couriers Union has started legal action against Uber for failing to make Sharia-compliant pension arrangements for its majority Muslim workforce.
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News
Plumbing Pensions to use member funds to fight section 75 claims
The Court of Session in Edinburgh has granted Plumbing Pensions permission to use member funds to defend against legal claims from employers over its pursuit of section 75 liabilities.