I’m challenged by it being International Women’s Day today. What can I do?
Firstly I can promote the inequality between men and women’s pensions via Scottish Widows who are prompting us with a simple question – how can we fix that?
Secondly, I can ask myself in my work, what I can do to fix that.
Thirdly I can ask you , to spend some time today asking you to think about fixing it.
Men form the bulk of the readership of this blog, we should feel included as well as challenged by this day celebrating women.
Let’s close the £100k #GenderPensionGap.
On average a woman in her twenties today is set to retire with £100,000 less in her pension than a man the same age.
To make up the difference they’d have to start work a lot younger.https://t.co/VZlv8BuXir#IWD2021 #ChooseToChallenge pic.twitter.com/Hraijiijiz
— Scottish Widows (@ScottishWidows) March 6, 2021
We worked closely with our partners at Frontier to work out the £100k #GenderPensionGap. It is based on a number of variables including career breaks, salary and part time working.
You can find the break down on our website https://t.co/Rv6ps3Sdfh pic.twitter.com/5jGcypulh3
— Scottish Widows (@ScottishWidows) March 6, 2021
We work closely with our workplace pension schemes to address any gender issues and lobby the Government to make changes. Our Women & Retirement report outlines some of the ways the Government and pension providers could make a difference https://t.co/cFxGMECPZI#GenderPensionGap pic.twitter.com/GSBsYrtozV
— Scottish Widows (@ScottishWidows) March 6, 2021
Many things contribute towards the #GenderPensionGap.
Women are more likely to work part time, take career breaks due to childcare and caring responsibilities, have lower paid roles and be impacted by life events like divorce.
Find out more https://t.co/oBiI0kih8o pic.twitter.com/TCn5bpmAqO
— Scottish Widows (@ScottishWidows) March 6, 2021