Women Struggling to Bridge Pensions Gap

Summary


THE pensions gender gap continues to grow, with new research showing that women retiring in 2010 can expect to receive more than GBP 7,000 a year less in retirement than men.

And while changes being introduced in April will give thousands of women the chance to boost their state pension entitlement, the gap will widen further unless more women take advantage of opportunities to reduce the deficit, experts have warned.

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Extract


Women Struggling to Bridge Pensions Gap

Women planning to retire this year can expect to get an average annual pension of GBP 12,169, about 11 per cent less than if they had retired a year ago, and GBP 7,424 less than the average man retiring in 2010 can ex...

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