Pensions: Nearly 50% of self-employed people have no pension

In the week that auto enrolment started for employees, a new survey has shown just how poor pension provision is amongst the self-employed. New research from Prudential has found that 46% of the self-employed, equivalent to 1.3 million people, have no private pension provision. The self-employed have traditionally had to make their own provision for retirement, having no access to occupational pensions or indeed the new system of auto enrolment; however the lack of provision amongst this group will come as a shock to many....