Class 4 NIC reform could be answer for self-employed pensions

Royal London has come up with a plan to boost pensions coverage for the self-employed. PP looks at the details

Michael Klimes
clock • 4 min read

The self-employed risk being left behind in the pensions revolution. Michael Klimes examines a proposal to tackle this issue.

At a glance Around 62% of self-employed men were members of a pension scheme in mid-1990s  By 2012 this proportion had fallen to less than 25%  Changes to Class 4 national insurance contri...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Michael Klimes
Author spotlight

Michael Klimes

View profile
More from Michael Klimes

Five local authority funds to invest £100m in residential property

Jeremy Corbyn backs parliamentary pension divestment campaign

More on Defined Contribution

Partner Insight: Re-thinking (private) equities for pension portfolios
Defined Contribution

Partner Insight: Re-thinking (private) equities for pension portfolios

For DC schemes considering incorporating private equity, accessing the right areas of the market will be key to translating the asset class’s potential into improved outcomes for members.

Nils Rode, Chief Investment Officer, Schroders Capital and James Wall, Head of Defined Contribution Business Development, Schroders
clock 03 September 2026 • 6 min read
DC master trust investment in climate solutions lags, XPS finds
Defined Contribution

DC master trust investment in climate solutions lags, XPS finds

Firm’s analysis finds majority of targets still rooted in net-zero emissions reduction

Alex Levy
Alex Levy
clock 02 September 2026 • 2 min read
DC growth-phase strategies show positive returns despite 'volatile' start to 2026
Defined Contribution

DC growth-phase strategies show positive returns despite 'volatile' start to 2026

Isio analysis of DC master trusts found providers maintaining long-term growth focus

Holly Roach
Holly Roach
clock 27 August 2026 • 2 min read
Trustpilot