Income inequality is found to be 36.5% – meaning women in effect stop receiving a pension on 21 August

Retired women in the UK in effect go four months of the year without a pension when their income is compared with that of men, union leaders have warned.

The TUC said the income gap between men and women in retirement was 36.5%, equivalent to a shortfall of £7,600 a year on average.

Continue reading…Gender pay gap, Women, Pensions, UK news, Pensions industry, Business, Savings, Society, TUC, Inequality, Retirement planning, MoneyRead More

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