FOR IMMEDIATE RELEASE
News that a review into Auto-Enrolment is to include analysis of the retirement savings within the growing self employed sector was today welcomed by business group Your Business Community (YBC).
Welcoming the review YBC Co Founder Ted Wigzell said "The self employed sector now comprises almost 5 million people and with figures suggesting as few as 1 in 7 are saving for retirement this needs to be urgently addressed."
"With around half of the UK's self employed not even earning the National Living Wage and the increase in the gig economy we have been shouting that the the Government is sleepwalking into a major issue that will leave a financial crisis for future generations." he continued.
"Both the pensions and auto enrolment issues are something that should have been addressed a long time ago and again gives more credence to our petition for a dedicated Minister to represent the interests of the self employed.".
Note: The YBC petition to appoint a Minister for the Self Employed can be found here: https://petition.parliament.uk/petitions/164359
About Your Business Community Ltd
If joining a traditional support group conjures up an image from an old black and white movie then you'll be pleased to know there is another choice.
Your Business Community has been formed to provide support for 21st century businesses.
Membership starts for as little as £149 per year inc VAT and gives members:
Free Legal, HR and Business Advice
Tax Investigation Protection
Hundreds of free documents, guides and fact sheets
A growing range of tangible commercial benefits, including
Discounted Insurance, Telecoms, Card Processing, Virtual Office and Energy
Various ways to access finance
An Auto Enrolment Solution
and much more besides.
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