Millions of self-employed face 'retirement misery'

Millions of people could be sleepwalking into "retirement misery" as 3.5 million self-employed workers in the UK are not saving into a private pension, according to new research from the Institute for Fiscal Studies. The figures show that the proportion of self-employed workers saving for retirement has declined over the last two decades, from 48% in 1998 to just 16% in 2018. Over the same period, however, the IFS figures showed that the number of self-employed workers has surged - from 3.8 million to 4.8 million - reflecting a rise of 12.9% of the workforce to 15.1%. Tom Selby, senior...