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Understanding the gender pension gap

In Brief: Understanding the gender pension gap

Friday, 13 December 2024

Why do women often find themselves disadvantaged in retirement?

Significant disparities continue to remain when it comes to retirement savings, with the gender pension gap standing out prominently. Even though the gap manifests across various demographics, including age, job types, and income levels, however, it is women who bear the brunt of these inequalities, often finding themselves at a financial disadvantage in retirement. This disparity is primarily due to lifelong differences in savings and the contributions made to pension plans.

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