Pension options or long term savings for self employed

truffleshuffle75

I've been self-employed for 10 years now. I told myself I would get a pension of some sort arranged years ago. Now I am 40 and still haven't! This is mainly because I don't know what options are available for the self-employed.
I would be happy to put away some money every month in a long term savings account with a good interest rate but again, don't know where to start. I have a cash ISA for general savings that I need to dip into but would like something separate that I can add to every month and leave and then hopefully grow. Any advice most appreciated! Thanks.

xylophone

https://www.moneyadviceservice.org.uk/en/articles/pensions-for-the-self-employed

You could consult an IFA.

http://www.thepfs.org/yourmoney/find-an-adviser/

You could DIY - https://www.cavendishonline.co.uk/pensions/

jamesd

Pensions are protected from bankruptcy, ordinary savings aren't. As a self employed person you're particularly vulnerable to bankruptcy, say if a customer, supplier or bystander injured in some way sues you.

You should ignore the bit about stakeholder pensions in the Money Advice Service page. They are an expensive obsolete product with limited investment choices. The claims about them there are about fifteen years out of date.