Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 3 min read

How 63p a day can bridge one kind of pensions gap; account switching inertia; and PIP review changes - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

Just 63p a day closes pension gap for women who take a break from work Working women who take two years off to care for family members could restore the value of their pensions by saving just 63p a day extra when they return to work, according to research undertaken by Fidelity for the Sunday Times. As this article explains, the calculation is based on a woman earning the average UK salary of £28,600 and saving £4.27 a day into her work pension. Tax relief and the employer's contribution takes this up to 13% of gross annual salary. Were a woman to take two years off, she would need onl...

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