Worries around pre-retirement living costs will likely worsen the gender pensions gap, as a greater number of women than men expect to access their retirement pot earlier than planned to support their income*. Research by Phoenix Insights, Phoenix Group’s longevity think tank, surveyed 2,500 adults over 45 who are not yet retired** and found 4 in 10 (40%) women expect to dip into their retirement savings earlier than planned, compared to 3 in 10 (32%) of men. This was despite 44% of women over 45 acknowledging they currently have insufficient…
Read MorePre-retirement money woes set to worsen the gender pensions gap
