Gail Izat, managing director for workplace pensions at Standard Life, explores some of the factors behind pension savings gaps with Maggie Williams, content consultant at REBA.
In this video, Izat explains the different dynamics that are driving gender and ethnicity pension gaps and how employers and providers can take different approaches to narrowing them.
But under-saving for retirement continues to be a widespread problem. “We must be relentless as employers and providers in our focus on addressing this for the long-term,” says Izat.
Watch to find out more about pension savings gaps, how to address them, and why HR policies such as flexible working can influence long term pension saving.