'Intrinsic bias' in DC pension system drives wedge into savings disparity

'Stark gender disparity'

Hope William-Smith
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   An “intrinsically biased” pension system, the gender pay gap, and the disadvantage caused to women’s savings by career breaks is continuing to cause “stark gender disparity” in retirement wealth, Barnett Waddingham says.
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An “intrinsically biased” pension system, the gender pay gap, and the disadvantage caused to women’s savings by career breaks is continuing to cause “stark gender disparity” in retirement wealth, Barnett Waddingham says.

An “intrinsically biased” pension system, the gender pay gap, and the disadvantage caused to women’s savings by career breaks is continuing to cause “stark gender disparity” in retirement wealth, Barnett Waddingham says.

Findings from a study conducted by the consultancy compared the trends of 35,000 members in seven defined contribution schemes and found women have between 25% and 45% less in their pension pots at retirement...

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