Half of women relying on joint savings for retirement

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Pension experts are urging women to make retirement provision as research shows nearly half (43%) are relying on joint savings with their partners.

The eighth Scottish Widows Women and Pensions Report found less than one in five (17%) of women trust their own savings to see them through retirement. This compares to nearly a third (30%) of men. Lynn Graves, head of business development, corporate pensions at Scottish Widows said: "[Saving] a set amount each month, could mean the difference between a comfortable retirement and one full of financial difficulties." The majority (79%) of married women said they did not discuss retirement plans with their partner before marriage, and 78% didn't know what they would gain from their part...

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