FinTech Magazine November 2019 | Page 34

MOBILE PAYMENTS
34 is done while in their thirties – the general age when women are taking time off work to care for their families . This is further highlighted by research from the Chartered Insurance Institute which showed that women have an average defined contribution pension pot of just one fifth the size of a 65-year-old man .
There ’ s no quick fix . But there are solutions . Saving ‘ little and often ’ is a mantra often repeated to those struggling to put something aside each month , but even this can seem

“ There is little evidence to suggest that the UK is doing enough to close the savings gap ”

— Samantha Seaton CEO , Moneyhub Enterprise
NOVEMBER 2019