Risks in Life in Financial Life Journeys & Who can act in 6 Moments That Matter
Growing Up, Studying & Re-Qualifying
Entering & Re- Entering the Workplace
Relationships: Making Up & Breaking Up
Parenthood & Becoming a Carer
Later Life, Planning & Entering Retirement
Ill-Health, Infirmity & Dying
Financial Capability Imperative
Parenthood & Caring Penalty
Flexible Working Sacrifice
Divorce & Separation Setback
Skills & Qualification Gap
16% of females have had a career in technology suggested to them (33% of males).
There is a 13% attainment gap between BAME and White university students achieving a 1st or 2:1 degree.
65% of managers, directors and senior officials are men.
25% of 30-34 year olds cohabit - 46% of people do not realise the lack of financial rights on separation.
There is a 2% take up of Shared Parental Leave by eligible couples.
61% of mothers opt to work part-time earning 30% less per hour, causing the gender pay gap to double (to 15%).
3% of all women in the UK report they have a joint savings account, but their partner stops them from accessing it.
Half of people do not know to update their pension when a relationship breaks down.
Less than 40% of life insurance policyholders have a joint policy yet couples account for 66% of the customer base.
Married men’s average pension pots are five times married women’s – yet only 14% of divorces result in pension sharing orders.
89% of over-65s do not have plans to meet care costs. 51% of people see the State Pension as the most likely source of funding.
69% of pension annuities are single life and will not be available to dependent partners upon the annuitant’s death.