Financial planner Olivia Perry looks at the gender pension gap and explores how to solve the problem
The gender pay gap has become a hot topic in the media and political worlds, but a quieter crisis is growing in its shadow: the gender pension gap. For women, the journey to retirement can often be more fragmented, complicated and less financially rewarding. Career breaks, caring responsibilities, and part-time work play a significant part, but these can be compounded by lower financial confidence and a lack of planning for future key milestones. Depending on which report you read, there appears to be somewhere between a seven-to-11-point gap in women's confidence in financial numerac...
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