Womens' pension prospects dulled by 'reckless conservatism'

Women take fewer risks than men

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Womens' pension prospects dulled by 'reckless conservatism'

The tendency for women to be more risk-adverse than men is a major contributor to pension inequality in the UK, according to research from Cass Business School and the University of Bristol.

Data collated in the Quantifying Loss Aversion: Evidence from a UK Population Survey discussion report, published this month, compares 4,000 respondents with a variety of gender, class and education differences...

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