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Man v Woman – Who contributes more to pensions?

Over a third (37%) of women aged over-50 do not have a private pension, compared to a fifth (20%) of men.

Of the women that do have a pension, 16% in or nearing retirement have decreased the amount they have put into their long term savings, by an average of £196 per month, with 15% of men decreasing their savings, by an average of £391 a month.

Women have significantly changed their retirement expectations in the last year, as 35% expect to now retire later, compared to 25% of men.

Why not contact one of our independent pension advisers today for a no obligation chat and discuss your retirement expectations.

 

All figures in this article are taken from the State of Retirement Report which was produced by Opinium’s Desk Research unit and the Survey team; Survey research was carried out amongst a custom sample of older aged Britons by Opinium Research on behalf of LV=. The online poll amongst a custom sample of 1,559 British adults aged over-50 years was carried out between 20-27 April 2012.

 

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