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Friday, 16 March 2012

One in seven UK women expects to be financially dependent on partner in old age

Story published on Womens Views on News, March 15, 2012

One in seven women in the UK expects to have to rely on her partner for her income in retirement, according to new research.

Fourteen per cent of women who responded to an online poll, commissioned by financial services website unbiased.co.uk, said they expected to have to rely on their partners for money when they retired, compared to five per cent of men.

The survey also found that only 41 per cent of women had private pensions, compared with 54 per cent of men.

The findings come as little surprise as new jobless figures show women continue to be disproportionately hit by unemployment.

According to the latest Labour Force survey figures released on Wednesday, the number of unemployed people in Britain rose by 28,000 between November 2011 and January 2012 – 23,000 of them, 82 per cent were women.

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