Women still pensions "underdogs"

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Women now lag even further behind men in the pension savings stakes, with ignorance about retirement provision leaving them increasingly vulnerable to post-work poverty, research suggests.

Different attitudes towards retirement mean just 47% of women will leave work financially secure, compared to 59% of men, according to Scottish Widows, a widening of the gender gap by 3% since June 2008. Of those women who can and need to save 26% are not, up from 22% in 2008 - compared to just 15% of men -, and as many as 44% of women without a private pension say they never intend to contribute to one. A major problem seems to be ignorance, with a third (34%) of women having little idea how to prepare for a comfortable retirement, according to research by Cofunds. However Scottis...

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