“Pensions for women, the challenges ahead. International Women’s Day Selection of News and Research”

UK. Pension challenges women face will impact on their retirement
03/12/21 March 8 marks International Women’s Day and celebrates the social, economic, cultural and political achievements of women.

Ghana. Low financial literacy responsible for low patronage of pensions by women and informal workers
03/12/21 A Compliance officer with the National Pensions Regulatory Authority (NPRA) says low financial literacy is the cause of low patronage of the pension scheme among women and people in the informal sector.

Taking a workforce break to raise children hurts retirement savings – economist
03/12/21 Taking time off from the workforce to take care of children can put a serious dent in workers’ long-term retirement savings.

Jamaica. Ageing women face pension crisis
03/12/21 Kingston vendor Annie Ivey is just two years short of being 80 and has been working her entire life in different low-paying jobs but has never had a pension plan.

UK. Women would have to work 40 years longer to close the gap.
03/12/21 Mothers face more insecure and lower-paid work after having children, official figures suggest.

OECD countries all guilty of gender pensions gap
03/12/21 Women in OECD countries receive around a quarter less income than men from the pension system.

Shoring Up Shortfalls: Women, Retirement and the Growing Gigsupp Economy
03/12/21 In recent years, high-profile Silicon Valley firms have engineered billion-dollar IPOs through developing online and app-based platforms that connect service providers and sellers with customers and process their payments (the “online platform economy”)

Pension Information and Women’s Awareness
03/12/21 We explore the role of financial and pension information in increasing women’s knowledge and awareness of their future pension status, and consequently, in reducing the gender pension gap.

Gender Gap in Pension Income: Cross-Country Analysis and Role of Gender AttitudesBy
03/12/21 The aim of this paper is to study the gender pension gap in Europe based on the newest EU-SILC data from the 2018 wave. The contribution of the paper is twofold.

Towards Improved Retirement Savings Outcomes for Women
03/12/21 Labour market inequalities are well-known to be the main drivers of the gender pension gap. This publication focuses on helping governments find solutions for retirement savings arrangements that do not further exacerbate these inequalities.