Women could face £100,000 pension pot shortfall compared to men - and need to work longer
dailyrecord.co.ukreach pensions equality with them, according to new calculations by Scottish Widows.The insurance and pensions specialist said that younger female savers can expect to have £100,000 less on average in their retirement pots than their male counterparts.The figures are taken from the most recent Scottish Widows women and retirement report and found that lower average earnings, part-time work and taking time out of paid employment to care for family means it would take them nearly four decades to catch up with men.The report said that while International Women's Day on March 8 highlights the progress made in gender equality, there is still some way to go before the pensions gap closes and highlighted that in order to reach retirement parity, a.
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