Pensions: Self-employed

(asked on 4th November 2025) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what steps she plans to take to encourage self-employed workers to pay into private pension funds.


Answered by
Torsten Bell Portrait
Torsten Bell
Parliamentary Secretary (HM Treasury)
This question was answered on 12th November 2025

The proportion of the self-employed who are saving into a pension has fallen significantly from almost 50% in the late 1990s to less than 20% at present. While self-employed workers are not eligible for Automatic Enrolment, the National Employment Savings Trust (Nest) must accept individuals who are self-employed, meeting certain conditions, who wish to join a pension scheme.

The Department is currently working with Nest Insight and partners to test potential solutions. The Pensions Commission will also explore steps to improve pension outcomes, especially for those at the greatest risk of undersaving, such as self-employed workers.

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