Recent research by Fidelity has found that whilst those who work for employers are beginning to feel the benefits of the Government auto-enrolment scheme, self-employed people are getting left behind when it comes to pensions and savings.
Of the self-employed people surveyed, 62% have no form of pension savings for retirement, and 28% are not saving for anything at all.
In 2017, more than 4.8 million people in the UK were self-employed (15.1% of the workforce) and just one in 10 see a financial adviser regularly, despite having potentially more complex requirements than someone in employment.
Clearly, provisions are required to provide a comfortable retirement and ensure you are not required to continue working past your preferred retirement age in later life.
How can we help?
It is never too late or too early to start contributing towards retirement, of course the earlier you start the more you will have in retirement. However, if you do start saving later you can still achieve your goals.
Please do contact the office to arrange a meeting or telephone appointment with one of our highly qualified advisers who will be more than happy to discuss your retirement options, retirement goals or address any queries you may have. The initial meeting is offered at our cost.