Women urged to invest in retirement plan

There a gender pension gap of approximately 35% in pensions income.

Women are often underfunded when it comes to retirement, due to factors such as maternity leave; changing careers; going back to college; or having to care for a family member.

Women need to get better at looking after their long-term financial independence. 

“Women are good at thinking of how to fund a certain lifestyle now; we are prioritising being able to finance looking after our mental and physical health. That is all good but there is a longer game to play,” says Susan Elliott, independent consultant specialising in employee engagement and wellbeing.