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Sex and the City generation shirks financial responsibility
The "Sex and the City generation" is shirking financial responsibility, Friends Provident claims.
A report released by the life and pensions company found almost as many women surveyed own 30 pairs of shoes, 26pc, as have a personal pension, 31pc.
Just 7pc of the women surveyed between the ages of 25 and 45 listed financial solvency as being important to them and only 14pc of respondents worry about not having enough money in retirement.
Friends Provident senior media relations executive Christine O'Grady said: "Women's earnings can often be fragmented due to them taking time off work to care for their children or older parents and as a result they need to take more care to plan for their futures and maximise their pensions."
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27 May 2008 16:47 by JHoffman Prevent Shoe Fetishism!
1. Maybe we need a law preventing women from wearing shoes before they have given at least £1000 in commission to an asset manager for a personal pension contract.
2. On second thoughts this would contrvene the Sex Discrimination Act. The same law has to apply to men too.
3. Why do women need so many more pairs of shoes than men? I think Friends Provident should tell us. What percentage of men own more than 30 pairs of shoes? I bet it's less than 3%.