The country is “sleepwalking" into a crisis over pensions and must act to boost the retirement provision of just one-third of workers in the gig economy, according to HR and payroll provider firm MHR. The company says that the estimated 1.3 million workers employed in the gig economy are at risk of having no pension. MHR is calling for the UK government to extend the automatic enrolment for workplace pensions to include such workers. Recent research revealed that millions of the 4.8 million people in self-employment in the UK pay into a pension.
The country is “sleepwalking" into a crisis over pensions and must act to boost the retirement provision of millions of workers in the gig economy, according to HR and payroll provider firm MHR. The company says that the estimated 1.3 million workers employed in the gig economy are at risk of having no pension. MHR is calling for the UK government to extend the automatic enrolment for workplace pensions to include such workers. Recent research revealed that just one-third of the 4.8 million people in self-employment in the UK pay into a pension.