UK. Government-backed Pensions Commission calls for action on gender savings gap
A shake-up of pensions in Britain must involve measures to close the gap in retirement savings between men and women, the revived Pensions Commission is to tell ministers. According to the government-backed body, women approaching retirement have on average half the private pension savings of men, with a median pension wealth of £81,000 versus £156,000. The commission, which is expected to publish its interim report on the long-term future of the retirement system this week, said it would look at how the government...
