Increasing numbers of over-50s are turning to self-employment to help boost their retirement savings, according to new figures.

Chancellor Jeremy Hunt has announced that the Government will abolish the “Class 2” National Insurance charge for self-employed people earning over £12,570 a year.

Almost half (45%) of self-employed Britons are failing to save into a pension, according to a new report.

A group of MPs has called for auto-enrolment pensions for self-employed workers to get more people saving for retirement.