Aviva Pensions 2019, Just 6pc of women believe saving for their retirement is a priority.

LACK OF PENSION PROVISIONS AMONGST YOUNG WOMEN SIGNALS FUTURE OF FINANCIAL DISEMPOWERMENT

  • 63% of women admit to having no pension provision
  • 55% of women have never considered a pension
  • Men are more proactive and confident than women about their retirement income
  • Insights point to a pension pay gap of (10%) for future female retirees

25 February 2019: According to a new survey commissioned by leading Pensions provider, Aviva, planning for retirement is way down the priority list for women in Ireland, with only (6%) of women surveyed perceiving it as being a high priority. The Behaviour & Attitudes Survey* of over 1,000 adults nationwide reveals that over 6 in 10 (63%) of women surveyed said they do not have a private pension with over half (55%) of these women admitting they had never considered putting one in place. Almost half (47%) of men cited having a pension, compared with only (37%) of women, which represents a pension pay gap of (10%) and could point to a future of financial disempowerment amongst future female retirees.

Very surprising report by Aviva last month,Working women will need to save for their retirement pot just as much as men.

Please mail me for any queries on darragh.farrell@yes.ie or call

01-6339245