You are here: Home -

VIDEO: What’s behind the pension savings ‘gender gap’?

0
Written by:
16/05/2016
A new study suggests women are far less likely than men to review their pension investments or even know their expected income at retirement.

In fact, 27% of women don’t know how much money they have in their pension pot, compared with 15% of men.

There are several reasons why women are less engaged than men when it comes to pension planning – including years spent out of the workforce to raise children – but avoiding the issue is dangerous. Women need to have accumulated a pension pot of around £750,000 to be able to retire with an annual income of £20,000.

In this video, we delve deeper into the pensions savings ‘gender gap’ issue and discuss what women can do to build up a nest egg for retirement.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Nationwide to increase instant access regular saver to 5%

Nationwide will increase the interest rate on its Start to Save 2 account to 5% in December.
Nationwide to increase instant access regular saver to 5%

How to get 5% interest without tying up your savings for years

You don't have to lock your money away to get an above-average return on your savings.
How to get 5% interest without tying up your savings for years

Revealed: The three top savers left as best buy one-year bond falls from 4.6%

The best buy one-year fixed rate bond has fallen from 4.6% last week, as predicted by savings experts. So wher...
Revealed: The three top savers left as best buy one-year bond falls from 4.6%

Ryanair jetting towards US flights for £10

Ryanair is on course to achieve its long-held ambition of offering transatlantic flights to the US – and the...

Investing in car parks: a good vehicle for income seekers?

As the search for income continues, many investors are turning to alternatives, with car parks becoming increa...

A quick guide to guarantor loans – in association with Guarantor Loan Comparison

Considering a guarantor loan or becoming a guarantor yourself? Read our essential guide...

Results round-up: Companies to watch this week

Mulberry and more will face the music this week.

Product launches of the week

Select Property Group, Schroders, Leeds Building Society and more have exciting news this week.

Money Tips of the Week