Self-employed taking £115,000 workplace pensions shortfall

Hope William-Smith
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An individual who moves into self-employment after ten years work will miss out on an additional £115,300 in retirement funds after exiting their occupational pension scheme.
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An individual who moves into self-employment after ten years work will miss out on an additional £115,300 in retirement funds after exiting their occupational pension scheme.

An individual who moves into self-employment after ten years work will miss out on an additional £115,300 in retirement funds after exiting their occupational pension scheme.

Research from Aegon published today (6 November) showed this 39% shortfall affects a total 15% of the UK workforce. The analysis assumed a 25-year old employee on average earnings becoming self-employed...

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