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Lifetime experiences of self-employment
Author(s)Genevieve Knight, Stephen McKay
Corporate AuthorSocial Research Branch, Department of Social Security - DSS
PublisherDSS Social Research Branch, London, 1999
Pagesunnumbered (Department of Social Security research summary)
SourceKeith Watson, Social Research Branch, Adelphi, 1-11 John Adam Street, London WC2N 6HT.
KeywordsSelf employed ; Economic status [elderly] ; Pensions ; Preparation [retirement] ; Social surveys.
AnnotationThis summarises the findings of Department of Social Security Research report no 120. The report, by the Policy Studies (PSI), examines the characteristics of self-employed people and the nature of, and trends in, self-employment up to 1994/95. The analysis is based on the Family and Working Lives Survey (FWLS) dataset, a nationally representative survey of 9,139 people aged 16-69 in 1994 and 1995. Some 12% of those doing any paid work were self-employed. The survey collected lifetime information on economic activity (including job characteristics), family circumstances (e.g. family care responsibilities) and pension provision. From the 129 respondents over state pension age with some experience of self-employment, there was no clear evidence of any reduction in their level of income. Experience of self-employment was associated with higher levels of savings, a greater likelihood of working after the state pension age, but a slightly lower than average chance of receiving a means-tested benefit in retirement. (RH).
Accession NumberCPA-000714208 P
ClassmarkTFP: F:W: JJ: GA: 3F *

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