Women who fail to contribute to a pension fund could be leaving themselves open to difficulty during their retirement years, a pensions expert has claimed.
Laura Goodman, director of corporate communications at Rockingham Retirement, said an increasing number of women are not putting money aside for retirement.
She made the comments after research by Standard Life found [...]
A report by Prudential has revealed that the average male pension is more than £7,000 a year higher than the female pension.
The survey found that a man who draws his pension in 2010 will receive an average retirement income of £19,593, while a woman will receive £12,169.
However, the survey shows that the average annual pension [...]
According to the Pensions Advisory Service, only a third of women currently receive the full state pension.
Many women miss out on a full state pension if they stop working or opt to work part-time to bring up their children.
As a result, they are missing out on National Insurance contributions due to leaving the [...]
A survey has found that women in the UK’s financial sector receive around 80% less pay than their male counterparts.
The Equality and Human Rights Commission (EHRC) established that, on average, women earn £2,875 in performance related pay, compared to £14,554 for men.
Published today, the Commission’s Finance Sector Inquiry, is the first time this type of [...]
Many women over 50 have ‘given up’ saving for retirement due to the recession, according to research by Scottish Widows.
In research for its fifth annual UK Pensions Report, the pensions provider found that one in five (22%) women over 50 are now saving nothing towards their pension.
This is up from 14% a year ago, and [...]