I Lost Out on My Pension After Having Children - so I Saved £60,000 Myself

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A woman's pension account balance can be up to 40 percent lower than that of her male colleague, and the gender financial gap can widen even further in retirement, as women have to spread their existing savings over a longer life expectancy. Current pension systems therefore structurally disadvantage women who have interrupted their careers due to care or child-rearing responsibilities, points out Petra Hielkema, President of EIOPA, in her artic…

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An alarming study by the Observatoire de l'émancipation économique des femmes points out that men receive an average of 62 per cent higher retirement pensions than women. Why?