Older female workers fear that a state pension may not be enough to live off when they reach retirement age.
Young workers aged between 16 to 21 in the private sector are participating in workplace pension schemes at a much lower rate than their public sector counterparts.
Millions of workers face having only a ‘basic’ level of income at retirement because they are not saving enough.
The average value of a pension fund for a single mother in the UK has dropped by 40% since the start of the pandemic.
Yesterday (5 January) Conservative MP Richard Holden put forward a Private Member’s Bill to extend pensions auto-enrolment to 18-year-olds and those in part-time or low-paid work.
While many have a preference for trustee-based pension schemes, the cost of running an own-trust scheme has sky-rocketed in recent years, leading to the growth of master trusts, but they are not...
HR directors have said financial concerns, compounded by the pandemic, are causing significantly more employee stress and better support is needed to address them.
The gender pension gap is already at 17% at the beginning of a women’s career and increases to 56% towards their retirement.
It’s 50 years since it became illegal to pay women less than their male counterparts, yet the gender pay gap means women are still paid 15.5% less than men. The financial gap gets a whole lot wider...