Many self-employed workers are at risk of receiving a low pension, with “barely” seven in 10 self-employed people having their own pension savings, research from the Swedish Pensions Authority has revealed.

The research also found that just four in 10 self-employed workers take out a market salary that builds a public pension.

Given this, the agency stressed the need for self-employed workers to take action, as Swedish Pensions Authority pension specialist, Agneta Claesson, stressed that “it is important as a self-employed person to familiarize yourself with how to save in the best way in order to receive a sufficient pension”.

The authority also outlined key tips for self-employed workers, encouraging self-employed people to save more into their own personal pension savings, as well as keep track of their pension fees.

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