Women still lagging men in retirement saving - Scottish Widows

2016 Women and Retirement Report

Hannah Godfrey
clock • 3 min read

Almost three-fifths (57%) of women fear they are not preparing adequately for retirement, compared with two-fifths (41%) of men, according to research from Scottish Widows.

The 12th edition of the group's annual Women and Retirement report also found half of women (52%) are now saving adequately for their retirement compared with 60% of men. While this maintains the record high seen in 2015, however, the gap between men and women has widened since 2014, when 50% of women were saving  adequately compared with 55% of men. The report suggests shifting patterns in employment among women are also affecting their ability to save for retirement. Almost 1.5 million women in the UK are now self-employed - a 22% increase in four years and twice the rate of self-em...

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