All self-employed articles – Page 5
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News
Four priorities for McVey's DWP
The Department for Work and Pensions got its fifth boss in less than two years on Monday evening, with Theresa May’s Cabinet reshuffle replacing David Gauke with Esther McVey as secretary of state responsible for the department.
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OpinionAE review should silence doom-mongers
Standard Life’s Jamie Jenkins, a chair of the external advisory group of the automatic enrolment review 2017, says its package of proposed reforms will make meaningful changes to the savings landscape, while allowing time to monitor the success of contribution uplifts.
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News
AE review: Welcome reforms not due until mid-2020s
The government will introduce a package of measures to address issues with auto-enrolment, but questions remain over multiple jobholders and the self-employed, while the timescale has drawn criticism.
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NewsWorker status at centre of draft bill on gig economy
The Work and Pensions Committee and the Business, Energy and Industrial Strategy Committee have published a draft bill and a report on workers’ rights and the gig economy.
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NewsAE review: Consensus on solutions is still lacking
PLSA Annual Conference 2017:Despite unanimity on the need to increase coverage and boost contributions, there is still a distinct lack of consensus on exactly how to address these issues, according to independent advisers on the government’s auto-enrolment review.
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OpinionPoliticians should keep the faith in inertia
A whistle-stop roundup of pensions at the political parties’ annual conferences and a recommendation to stick with the power of inertia for the self-employed, courtesy of Broadstone’s David Brooks.
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Opinion
Are pensions what the self-employed need?
Ben Jennings is not saving into a pension, and neither are his peers. The cartoonist and illustrator, whose work appears in this publication and The Guardian among others, says he and and other self-employed 20-somethings are too busy trying to pay their rent.
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News
PPI: Consider different policy options for self-employed pensions
Policymakers need to consider diverse attitudes and financial circumstances of different self-employed groups before deciding on options to boost pension saving levels, a new report finds.
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News
Locum GPs call for pensions admin overhaul
Locum GPs are calling for an overhaul of their pensions administration as sporadic correspondence and scant communication cause confusion.
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News
Taylor review urges action on increasing AE coverage
The Matthew Taylor Review of Modern Working Practices highlights ways in which self-employed people could be helped to save for retirement, but questions remain.
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OpinionBring the self-employed in from the cold
The number of self-employed people in the UK has seen rapid growth in recent times: in 2015, 4.6m people fell into this category, up from 3.8m in 2008, the Office for National Statistics estimates.
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NewsMPs call for government to put brakes on 'free riding' gig economy firms
The Work and Pensions Committee has called for employee and self-employed national insurance contributions to be equalised, arguing that following the introduction of the new state pension, the self-employed contribute far less.
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OpinionPLSA: What we want to see in the AE review
The government’s review of auto-enrolment should look at widening the scope of the policy, says the Pensions and Lifetime Savings Association’s Tim Gosling.
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News
NICs U-turn puts pension tax back on the table
Chancellor Philip Hammond has cancelled plans to increase class 4 national insurance contributions for the self-employed, creating a £2bn shortfall in the nation’s accounts between 2018 and 2022, which many fear will be plugged by changes to pension tax relief.
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OpinionThe art of effecting change
Editorial: The Budget announcement brought changes welcomed and less welcomed by the industry, such as the tax on qualifying recognised overseas scheme transfers and the money purchase annual allowance, but it was the focus on the self-employed that might give a flavour of what is to come.
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NewsSpring Budget focus on self-employed lets industry hope for more
The chancellor’s focus on the self-employed could pave the way for bringing the group into the pension system, some experts have said, as the spring Budget brings no significant news on pensions.
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News
Select committee hears evidence on how to get the self-employed saving
Proposals including an expansion of auto-enrolment and raising class 4 national insurance contributions, aimed at boosting pensions coverage in the UK, have been put before the Work and Pensions Committee as part of its inquiry into self-employed workers.
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News
AE compliance action holds steady amid calls to expand
Auto-enrolment enforcement action is rising, but remains limited to a small proportion of employers enrolling, the Pensions Regulator has said, as experts call for action to widen the scope of the policy.
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OpinionSelf-employed underdogs?
Editorial: If you ask Uber drivers why they work for the app, they generally reply that while the pay per client is less, there is no downtime between customers and they are free to choose when they want to work.
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