The gender pensions gap could be worse than first thought.
According to Fidelity, Women earn 10% less than men before having children, but once they become parents, that gap widens to 30%. As a result, the average 60-year-old woman’s pension fund amounts to just half of that of a man at the same age. (Source: Aegon)
And for self-employed women, the story takes an even worse turn, as 32% are making no effort to save toward retirement at all.
What is to blame?
There are three main ...