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Nearly a quarter of women saw income drop over the last 12 months

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dailyrecord.co.uk

International Women's Day on Monday, March 8 has found that nearly one in four women have suffered a fall in their income over the past 12 months.Some 23 per cent of 1,000 women surveyed across the UK by Fidelity may have lost on average as much as £5,500 of their annual salary, or around a quarter of their income, according to the calculations.Income falls are affecting the ability to save and invest and nearly three in 10 (28%) women said the amount they have saved in the past 12 months has reduced, 17 per cent have invested less, and one in eight (13%) have decreased their pension contributions.However, a fifth (20%) of women reported their ability to save and invest had increased during the coronavirus pandemic, largely due to social.

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