Self-employed could get £75k pension boost

Self-employed could get £75k pension boost

According to FT Adviser Gig economy workers could see their pension pot increase by up to £75,000 if auto-enrolment was extended to them.  The recommendation considered would enable individuals to put aside 4 per cent of their income when completing tax returns.
When combined with the state pension, this would equate to an income at retirement of £13,500.  The UK gig economy includes 5m people, ranging from those who class themselves as self-employed through to those on zero-hour or agency contracts. 
Read the full article here. 

 

shadow

About Us

We are a firm of highly experienced independent financial advisers based in Leamington Spa. Our core values are simple - integrity and professionalism - and have seen our business grow mainly through customer referrals and reputation.

Latest News

Get in Touch

Beaufort Wealth Management Ltd,
7B Tournament Court,
Tournament Field
Warwick,
Warwickshire,
CV34 6LG
01926 460156

Beaufort Wealth Management Limited is an appointed representative of The Tavistock Partnership Ltd, which is authorised and regulated by the Financial Conduct Authority. FCA No: 469862. Decisions should not be taken based solely on the content of the website and individual advice should be sought first. Regulations, levels and bases of taxation are subject to change and individual circumstances. The information contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK. No responsibility is accepted for the accuracy or content of external websites.

Content