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Saturday 31 July 2021

Gender pension gap: how women can boost their retirement pot

Gender pension gap: how women can boost their retirement pot:

Women on average retire with less than half the income of men. We talk to three women keen to buck the trend and give six top tips

Women are still facing retirement with substantially less saved in their pensions than men. Low pay is a major contributing factor to the gender pension gap as women often take part-time positions or become self-employed to manage family commitments.

On average, women earn about 16% less than men, according to the latest figures from the Office for National Statistics.

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from The Guardian https://ift.tt/3x9zkk0
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