March 2023
10Mar

A Leveraged Gender Gap: The Combined Effect of Longevity Risk (Mis)-Perception and Financial Risk-Taking

By Giovanna Apicella & Enrico G. De Giorgi Financial risk and longevity risk are the main risks affecting pension income. This paper analyses gender differences related to how financial risk taking and survival expectations are correlated. We analyse data from the “Survey of Health, Ageing and Retirement in Europe” (SHARE) database and find a significant gender gap in self-assessed risk tolerance, consistently with previous literature. Moreover, we show that individuals with realistic survival expectations (i.e., survival expectations that are close...

March 10, 2023
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09Mar

Legal & General’s new report on women in the U.S. Gig Economy finds income disparity, multiple roles, worry about financial future

32% Average Pay Gap between male and female gig workers. A special International Women’s Day report in a broad new study sponsored by Legal & General Group (LGEN, LGNNY), U.S. Gig Economy Special Report: Tasked With Both Childcare and Earning, Women Fall Behind Their Male Counterparts, was released today. The report continues narrating original research on the changing U.S. workforce and the reluctance of so many to enter into traditional employment. The study looks into the diversity and differences as...

March 9, 2023
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09Mar

Uganda: Digital Technologies Enable Women Take Charge of Their Retirement Prospects

International Women's Day is a good time to apply a gender lens to all aspects of life - not only to draw attention to the traditional challenges and gaps, but also to mark achievements and to spotlight the opportunities yet to be exploited. This year's theme - innovation and technology for gender equality - is an opportunity to reflect on the unexploited potential of ICTs, that could make women realise their dreams and aspire for higher goals. Access and use of...

March 9, 2023
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08Mar

Women on the front line everywhere!

In March 2023 women’s movements are playing a leading role in many countries around the world. This is neither new nor exceptional, but it should always be emphasized to show how women’s struggles are an integral part of the struggle to change, to revolutionize society, and that without women’s action society stops. In the year-long war caused by the atrocious invasion of Ukraine by Russian troops under Putin, Ukrainian women are participating in resistance in all its forms. Women serve...

March 8, 2023
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08Mar

UK. New figures show Gender Pension Gap remains stubbornly high

New statistics from trade union, Prospect, provide their latest estimate of the Gender Pensions Gap. They put the gap at 40.5% for 2020-21, essentially unchanged since the figure was first estimated half a decade ago. This is significantly more than the gender pay gap, and represents an average annual £7,100 shortfall. The latest figures show that despite an increased focus on the gap, current government policies are failing to provide any improvement. This has led Prospect to warn of a “ticking...

March 8, 2023
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February 2023
22Feb

Recognize unpaid care work in Colombia: a historical debt to women

By Yaneth Vargas Sandoval This socio-legal research article aims to address unpaid care work in Colombia, so the first part will address how women despite the existence of the right to Equality and non-discrimination as a human right, in the reality of this right is not fulfilled, since it is women who must face unequal conditions in access and permanence in the labor market, they will endure salary gaps and it is difficult for them to access the old-age pension. All...

February 22, 2023
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08Feb

The Road to Women Empowerment through the Mechanism of Self Help Groups

By Pallavi Mahajan Women constitute 48.10 percent of the population of India and only 27 percent of this adult women population has a steady income, which makes women ‘poorest of the poor (World Bank 2019). It has been asserted that comprehensive progression and inclusive development in India would be conceivable only when women are considered as equivalent agents in the development debate (Mazumdar 2004). In this parlance, the development agencies have increasingly regarded ‘empowerment’ as an essential objective to improve...

February 8, 2023
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January 2023
26Jan

Gender-Inclusive Financial and Demographic Literacy: Lessons from the Empirical Evidence

By: Giovanna Apicella, Enrico G. De Giorgi, Emilia Di Lorenzo & Marilena Sibillo Longevity crucially affects demand for pensions, insurance products and annuities. Consistent empirical evidence shows that women have historically experienced lower mortality rates than men. In this paper, we study a measure of the gender gap in mortality rates, we call “Gender Gap Ratio”, across a wide range of ages and for four countries: France, Italy, Sweden and USA. We show the stylized facts that characterize the trend...

January 26, 2023
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19Jan

Ireland. Fears Pensions Gender Gap Will Worsen

Proposals by the Government for an auto-enrolment pension scheme will leave women worse off and "widen the pensions gender gap", an Oireachtas committee will be warned today. The scheme is designed to tackle Ireland's severely low pension coverage rates, with only one in three private sector workers signed up to a retirement savings scheme. Under the proposals, for every €3 saved by a worker, the Government will add another €1 - with employers also matching contributions of up to 6% of...

January 19, 2023
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12Jan

US. Unmarried Women No Longer Pay a Financial Penalty in Retirement

On the retirement front, a new study has some good news for unmarried women: They’re no longer falling behind their married peers. Still, it’s tough to celebrate equality when it seems to be driven mostly by the falling fortunes of men. Studies about how prepared US workers overall are for retirement tend to be incredibly depressing — and even more so when they focus on women, who say in staggering percentages that they’re worried about running out of money. Much...

January 12, 2023
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