Women hit harder by poor joint pension planning - Pru

The group's research has revealed 54% of couples aged over 40 do not make joint retirement arrangements to ensure their partner will have an income in the event of their death. A quarter (26%) of couples have never discussed what will happen to their pensions if one partner dies before the other, the study on 2,002 couples aged over 40 found. The research added 7% of people will be completely dependent on their spouse's income in retirement. It showed women are twice as likely as men to live off their partner, with 10% planning to depend on their other half, compared with 5% of men...