Investors Chronicle

In recent memory, the story of Waspi women has brought into sharp focus the issues surrounding women and their pensions. With many women spending some time out of full-time employment for a variety of reasons, but most notably due to childcare, pensions contributions are often neglected but vitally important to financial security in later life. In this episode of Women and Wealth, the video podcast series from Investors' Chronicle, we look at the topic.Personal finance editor, Val Cipriani and digital production journalist, Madelaine Apthorpe discuss the topic that feels far away but should be in any young woman's thoughts as they enter the workforce. The Pensions and Lifetime Savings Association estimates that in order to retire on a moderate standard, not even a comfortable one, you need £31k a year if you are single and almost £22k each as a couple. This assumes you have already paid off your mortgage by the time you retire and it’s after tax. Scarily, AJ Bell calculated that that is the equivalent of a pe