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Michael Roberts Interviewed Live by Anne Diamond on BBC Radio Berkshire
16th February 2010
Michael Roberts, one of the Independent Financial Advisers with Ross Brooke Financial Services in Newbury, was approached by the researchers of Anne Diamond's radio show on BBC Radio Berkshire. Michael was asked to appear as an industry "expert" to discuss the general trend of the widening gap between Men's and Women's income in retirement.
Michael explained the main reasons for the disparity between pension income for males and females, citing career break due to family commitments, earlier retirement at age 60 and the lower annuity rates applicable to females compared to males as the main reasons for the difference.
There are a number of steps that can be taken to reduce the impact of a reduced income when you retire, and these tips are discussed in our separate article which can be found here.
The interview with Anne Diamond can be heard on the BBC's iplayer for the next 7 days. To listen the the article, click here. To listen to the relevant section, fast forward the player to about 1 hour 42 minutes into the programme. Please note that Ross Brooke Financial Services are not responsible for the content of external websites.
If you would like to discuss this or any other financial planning issue, please contact us.