Working Wise, which offers employment advice for older workers looking for flexibility and an improved work-life balance, found that 53% of women felt their pension pot was not sufficient enought to enable them to be financially independent.
The survey was sponsored by the Financial Services Compensation Scheme, which wanted to find out more about the impact career breaks have on women’s pensions.
Of the 1,356 workers aged 45 and over polled, 83% worked part time for at least one year of their career and 27% of these worked part time for over a decade.
