Body says, on average, British women approaching retirement have half private pension savings of men – £81,000 versus £156,000
A shake-up of pensions in Britain must involve measures to close the gap in retirement savings between men and women, the revived Pensions Commission is to tell ministers.
According to the government-backed body, women approaching retirement have on average half the private pension savings of men, with a median pension wealth of £81,000 versus £156,000.
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This article was originally published by The Guardian and written by Richard Partington Senior economics correspondent.
Read original article on The Guardian