Former minister Baroness Nicky Morgan wants to set up an inquiry into the financial resilience of women.
Speaking at the PIMFA Women's Symposium today (20 May), Morgan, the former minister for women and equalities, explained that she attempted to do this last year but was unsuccessful. "Financial vulnerability is a predominantly female experience," she said. "Women make up 50% of the population but account for 60% of people in financially vulnerable circumstances." Morgan also acknowledged the Pension Commission Interim Report published earlier this week that found women have, on average, half the private pension savings of men. "I think it will be good for policymakers and also the p...
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