More and more people – particularly in Wales – are self-employed, but according to recent figures* only eight percent of self-employed workers aged 25 to 34 are saving into a private pension.
This is compared with 59 percent of employees in the same age group who are contributing to their pension pot.
This is a worrying state of affairs, since UK-wide figures show self-employment has grown by 46 percent since 2000 and if this upward trend continues the self-employed could outnumber public sector workers by 2020.
While many enjoy the…
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