British mums miss pension benefits

A survey conducted by HSBC reveals that nearly half (47%), of women believe that they need to be employed in order to have stakeholder pensions. Additionally, less than a third (29%) are contributing towards retirement, compared with 43% of men, with many explaining that they are not in employment, or only working part-time. HSBC says that the average UK woman has her first child at age 26, often leading to a break in paid employment of between 18 months to five years, which is actually a good time to accumulate a pension, the bank says. For example: A woman aged 26 making £100 month...