Analysis of newly published government data by Royal London has revealed what director of policy Steve Webb described as "a shocking surge" in the gap between men and women's living standards in retirement.
According to the mutual insurer, in 2006/07, the average retired single woman had a gross income of £294 a week and her male counterpart on £325 - a gap of £31 a week. By 2016/17, however, the gap had...
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It is called ‘the pension mountain’ – the size of funds required by savers to afford a pension that keeps them in similar financial circumstances to their working life. And it is growing.
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