Pension communications 'failing to engage' more women than men
A high proportion of savers are not taking an interest in their pension, which could have a “disproportionate impact” on women whose lower value pensions make them “more vulnerable to poor choices”, according to the Financial Conduct Authority (FCA).
The FCA's Financial Lives research revealed 60% of women are unaware of the charges on their defined contribution (DC) pension compared to 44% of men, while 57% of women have not reviewed how much their...
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