Saving for retirement might be low down on your financial priority list for many; however almost half of self-employed people questioned in a recent survey want the Government to change the law to help them save for retirement. Indeed 27% would support a compulsory pension law to continue to help them save. The pension crisis among those self—employed is said to be growing, and almost two million of these people admit to having no pension savings at all. If you’re self-employed, you don’t have as many pension options open to you as an employed individual. Seeking professional financial advice could help you to plan more effectively for your retirement.
