In Focus: Advice for Women  

How to help close the gender pension gap

  • To understand why the pension gap persists.
  • To be able to encourage people to start saving earlier into their pension.
  • To be able to explain why saving small amounts early can bolster pension pots.
CPD
Approx.30min

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Women have more financial freedom and power than ever - according to the Centre for Economics and Business Research, women will hold 60 per cent of the UK’s wealth by 2025 - so there has never been a better time - or opportunity - to help them take control of their own financial futures.

Michael Stimpson is partner at Saltus

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CPD
Approx.30min

Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.

  1. What does starting a pension early allow you to make the full use of, according to the author?

  2. What will make a huge difference if clients do it early enough, according to Stimpson?

  3. What might help female clients who have lots of smaller workplace pension pots?

  4. When it comes to advising couples, what does the author say can really help with pension planning?

  5. According to the author, if you are a higher-rate tax payer, so it may make sense to divert pension saving to the higher earner’s savings. True or False?

  6. According to Stimpson, it is key to remember that:

Nearly There…

You have successfully answered all the questions correctly, well done!

You should now know…

  • To understand why the pension gap persists.
  • To be able to encourage people to start saving earlier into their pension.
  • To be able to explain why saving small amounts early can bolster pension pots.

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