Women saving less for retirement than men

Retirement savings amongst women of all ages are lower than men. Men are setting aside more cash for retirement than women. Women are failing to think about saving and pensions leaving them ill prepared for their futures, according to the annual Scottish Widows Women and Pensions Report. The research sampled over 5,000 adults and showed that almost half of women over the age of 50 are failing to take the necessary steps to ensure that they experience a comfortable retirement, which is a rise of 8% on last year's survey.