Women twice as likely as men to be unaware of pension value - Fidelity

Fidelity International's class of 2015 interviewed 510 people who have retired or accessed their pension pots since the introduction of pension freedom and found that not only are women less aware of the value of their pension than men, they are less likely to seek advice. Some 25% said they found the financial planning process difficult compared with 16% of men, and only 36% of women have sought help from a financial adviser versus 46% of men. Additionally, women are more likely to seek financial advice from friends and family rather than an adviser with 21% saying they would do this...