11 December 2018

Upward trend in women in full time employment

will see more auto-enrolled into pensions

2 min read

 
Helen Morrissey, Personal Finance Specialist

Helen Morrissey

Corporate PR Specialist – Long Term Savings

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Commenting on today’s UK Labour Market Statistics, Helen Morrissey, pension specialist at Royal London, said:

“Today’s statistics show the continued strong upward trend in women’s participation in the workforce with 207,000 more women in full time employment compared to this time last year and 77,000 less in part time employment. Such a trend spells good news for female participation in workplace pension saving as one of the key reasons women are under-represented when it comes to auto-enrolment is because they are in part time work. Bringing more women into the auto-enrolment regime means more will be able to put sustainable plans in place for their retirement.”

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For further information please contact:

Helen Morrissey, Corporate PR Specialist – Long Term Savings

About Royal London:

Royal London is the largest mutual life, pensions and investment company in the UK, with funds under management of £117 billion, 8.8 million policies in force and 3,745 employees. Figures quoted are as at 30 June 2018.