The number of non-retired women with no pension has taken a 7% leap over the past year, according to research from Barings Asset Management.
The study shows 47% of women who are not yet retired do not have a pension, totaling 8.7 million women who as yet have no retirement income plan. The number of non-retired women with no pension has risen year on year, from 39% in 2008 and 40% in 2009. Similarly, the number of women who have saved in case of redundancy is far lower than that of men. However, the latest MoneyMood Survey from Legal & General says whilst four in ten men are saving money in case they lose their jobs, only 25% are putting any money away at all.
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