Pensions planning in the UK

A gendered challenge

Bibliographic Data

ID11432004
AuthorsLiam Foster (0000-0003-1471-842X, University of Sheffield, corresponding author), Martin Heneghan (0000-0003-3026-6283, University of Sheffield)
Year2018
Volume38
Issue2
Pages345-366
Publication date2018-05-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueCritical Social Policy (JOURNAL)
Journal identifiersISSN: 0261-0183 • E-ISSN: 1461-703X
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/0261018317726639
OpenAlexW2741866309
LanguageEN
Citations received17
References cited24

Gender differences in the accumulation of pension savings are well documented. Work in this field has concluded that while differing lifetime work profiles (and family history) explained much of the difference, other factors such as pension knowledge and confidence in decision-making, may also be significant. This research, commissioned by the Fawcett Society and funded by Scottish Widows, explores some of these factors through the use of 30 semi-structured interviews and a focus group with women (aged 24–39) about their attitudes and motivations towards pension saving. It concentrates on discussions around pension knowledge, advice and decision-making, and identifies challenges in relation to women’s pension knowledge and the use of male ‘role models’ in making decisions. The article then explores potential policy mechanisms to enhance women’s pension saving for retirement, including the manner in which information and advice is provided and strategies to improve confidence in pension decision-making

Actuarial science · Business · Demographic economics · Economics · Focus group · Pension · Political science · Public relations · Relation (database · Sociology · Work (physics · Engineering · Financial Literacy, Pension, Retirement Analysis · Housing, Finance, and Neoliberalism · Retirement, Disability, and Employment · Finance · Marketing

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Open DOISci-HubOpen Access