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VIDEO: How the self-employed can set up and manage pension savings
Written By:
Guest Author
Posted:
04/05/2018
Updated:
04/05/2018
Guest Author:
YourMoney.comAn estimated five million people work for themselves but saving for a pension may not be a priority. Our video explains how self-employed workers can secure their financial futures.
Around one in seven of the UK workforce is self-employed, driven by the gig economy, silver entrepreneurs and those tainted by the financial crisis.
However, research suggests many are shunning pension contributions, meaning a comfortable retirement may not become reality.
In our video, Maike Currie from Fidelity International discusses with YourMoney.com’s Paloma Kubiak why it’s essential for the self-employed to take charge of their pensions, how SIPPs work and what you need to know regarding tax relief and self-assessment tax returns.
