Female resignations rise in pensions sector

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The number of female resignations in the pensions sector has risen almost 3% since last year, according to research by the Chartered Management Institute and Remuneration Economics.

The research shows resignation rates amongst women in the pensions sector have risen to 8.2% from 5.6% last year. The figures show 2.6% of women are more likely than men, at 3.7%, to ask for internal transfers. Female resignations in the retail sector, which tops the sector table, have doubled to 11.7% over the past year. Men’s earnings have also grown faster than women’s for the first time in 11 years. Women have received a 5.5% earnings increase, while men have seen a 5.7% rise. Female managers earned an average of £43,930 in the year to January 2007 compared to £54,967 for men. ...

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