Potential £75,000 pension boost for self-employed

Extending auto-enrolment to gig workers could boost their retirement income by at least £75,000, according to a new study.

Researchers from the Pensions Policy Institute, on behalf of Zurich, used YouGov data to model applying auto-enrolment to gig workers, a key recommendation from the recent Taylor review.

They found that gig economy workers could boost the size of their pension pot by up to £75,000 if a form of auto-enrolment were extended to cover all workers. And their retirement income could rise up to £100,000 if the current auto-enrolment system was applied.

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