Cost.co.uk Responds to Statistics Showing Women are Working Longer and Saving Pensions

A significant rise in women working later in life and saving pensions.

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‘Pension plans are very important for men and women as we have seen over the last year as many mature adults have had to go back to work

(PRWEB UK) 8 March 2013

According to statistics released from the Office of National Statistics General life Survey, 38 percent of women working part time were saving into a workplace pension, compared to just 11 percent in 1987. Over the last 25 years the number of women working part time and members of a workplace pension scheme has risen dramatically.

Furthermore the findings suggested that the type of employment influences whether women have a pension. Those working part time in managerial or professional setting are pension members, but that number falls to around 25 percent for those working in manual jobs.

Cost.co.uk is one of the UK’s best established comparison sites and is dedicated to providing consumers with the latest news, advice and tips. The site allows user to compare various deals at once on a variety of sectors including insurance, finance, travel and utility. The latest news about the increase of women adding to pension is encouraging as a representative explained, ‘Pension plans are very important for men and women as we have seen over the last year as many mature adults have had to go back to work. It is promising news that women are working and adding to their pension schemes and planning for the future.’

Cost.co.uk continues to follow pension news closely and respond to consumer based news.

Based in Essex, Cost.co.uk is one of the UK’s leading price comparison sites. Allowing their online customer’s access to companies offering a range of insurance, financial and travel services, the firm specialise in providing a personal experience. Founded in 2012, the agency has a trusted reputation for sourcing the most ideal policies at affordable prices.


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