Lisa Webster explores the pensions gender gap in her latest article for Professional Adviser
We have all been aware the gender pensions gap is a real issue for some time. According to the latest Now Pensions gender pensions gap report, women have on average just one-third of the pension wealth of men at retirement. That's a big difference. The main reasons behind the gap won't come as a big surprise – women are more likely to have career breaks for family, to work part time and to get paid less. And to top it off women live longer so need their pension to last more years than men. But does having a smaller pension matter? As is often the case I think the answer is, it depend...
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