Engaging with women on their pensions and retirement planning
As retirement specialists, we know how personal each retirement journey is. Research shows us that the desire for retirement planning among women is high. As industry leaders, we need to work on building confidence and break down the engagement barriers for women.
The working life of a woman is marked with milestones shaping their journey to retirement. Childbirth, child-rearing, and caring obligations can pull and push them in different directions at certain points.
Evidently, women need to start making time to begin their retirement planning. A simple step, like completing our Second Life Questionnaire can make a big difference in starting the journey.
Here are some of the key insights highlighting the male and female confidence gap regarding pensions and retirement.
of women vs 48% of men think saving for retirement is a priority
of women feel prepared for retirement vs 36% of men
1 in 4
women vs 11% of men regret not starting saving for retirement earlier
Women and Pensions webinars
Our Women and Pensions series aims to inspire more conversations with women on retirement planning and to support you to encourage women to think and plan differently for retirement. We’ll continue to deliver insights and share ideas in our Women and Pensions webinars.
Financial inclusion to support retirement planning
Across the Phoenix Group, we’re working on financial inclusion as a core pillar in our sustainability programme. We are living longer lives, with a greater number of years in retirement. Increasing financial inclusion to support retirement planning is now essential. As part of the Group, we have access to a deeper bank of research, enjoy a range of think tanks and thought leadership.
For Standard Life, our key focus under this programme is women. We leverage Group resources to continuously develop our programme of inclusion.
Looking for more information?
At Standard Life, we’ve built a platform that helps to re-frame retirement, Second Life. By connecting people, men, or women, to the potential of their future selves, we can begin to have more rounded conversations on how to get there.
The information on standardlife.ie/adviser is designed for financial advisers. It's not suitable for anyone else. If you're not a financial adviser, please go to standardlife.ie for information about the products and services we offer.