Article preview: It’s long been known that men are more likely than women to make provision for retirement income. New research has found that almost a quarter of homeowning women over 55 do not have a private pension of their own. The research, carried out by insurer SunLife, spoke to 1,000 people over 55 who either own their home, with or without a mortgage. They found that 24% of women said they didn’t have a private pension. This was compared with just 6% of homeowning men.
One option for women who still aren’t saving for retirement
This 474-word blog post looks at new research from insurer SunLife which found that 24% of women over 50 said they didn’t have a private pension and 22% of over 50s women said they were financially worse off at this stage in life than they expected to be. Written on 24th April 2019.
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