
Research recently undertaken by Close Brothers, an asset management firm revealed the widening gap in savings.
It said women’s retirement pots currently lag behind their male counterparts, at £73,000 compared to £162,000.
The Resolution Foundation study also revealed 800,000 workers are facing a circumstance known as ‘under-enrolment’.
This is where workers are receiving less than the law legally requires companies to give, or even in some cases, nothing at all.
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