UK bottom for self employed pensions

Posted on 24 Jul 2016
Share Blog Post

 UK bottom in self-employed pensions table

 

A study by Aegon has revealed that 52% of self-employed people in the UK do not have a retirement plan, leaving Britain bottom for retirement provision in its survey of the self-employed in 15 countries. Just 44% of the self-employed in Britain have made plans for their retirement, compared with an average of 60% globally, and only 20% are confident they will be comfortable in retirement. More than half – 52% – of those in the UK say they expect they will still be working after the age of 65.

The results of the survey are hardly surprising - the relentless tax assault on businesses, costly red tape like auto enrolment, burdensome employment law have all dramatically eroded business profit levels. Often business owners make so little that there is only just enough to fund day to day living, never mind provide for retirement.

View more blog posts

NIC hammer blow
Posted on 23 Jun 2025
NIC hammer blow
read more
Youth mobility scheme
Posted on 21 May 2025
Youth mobility scheme
read more
Businesses unaware of MTD
Posted on 14 May 2025
Businesses unaware of MTD
read more
Two tier tax system introduced
Posted on 07 May 2025
Two tier tax system introduced
read more
Back To Top
01604 660661