11 June 2019

Increase in female employment drives number in work to record high

3 min read

 
Helen Morrissey, Personal Finance Specialist

Helen Morrissey

Corporate PR Specialist – Long Term Savings

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

“Today’s record high employment rate has been driven by the continued increase in the number of women working and we now have 15.46m women in work. However, there is still much to be done to make sure women get similar financial outcomes in terms of pay, flexible working and access to pensions that will enable them to build a sustainable retirement. The fact that we are also seeing a strong uptick in the number of older workers in the workforce demonstrates the importance of pension planning.”

Notes to editors:

UK Labour Market stats can be found here

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 £114 billion, 8.8 million policies in force and 3,893 employees. Figures quoted are as at 30 December 2018.

At Royal London, we’re proud to champion the value of impartial advice. We believe it plays a crucial role in connecting people with the products that are right for them – and is key to delivering better outcomes and experiences for our customers. At the same time, it helps to build trust in our products and services.

Royal London works alongside advisers not in competition with them. That’s why we’ve made some key commitments to the intermediary market. You’ll find more detail on our commitment to advisers at http://adviser.royallondon.com/campaigns/our-commitments/