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More than 4 million fear they`ll be made redundant Consumers took on more mortgage debt in July Debts called in by parents Teenagers `scared of debt` Rising household costs could pressure people in debt Pensions debt may impact workers` retirement funds Welsh young adults `at highest risk of debt problems` Over 50s can`t afford to enjoy retirement because of debts Budget: tackling the nation`s debt Short-term debt: `no need for price control` The cost of clearing debt Education debt Tackling the national debt Number of mortgage deals on offer exceeds 3,000 Almost 5 million take on debt to pay household bills OECD: household debt more than 120% of disposable income Petrol price falls help people in debt Amount of mortgage debt taken on at lowest level in ten years Northern Ireland sees significant IVA rise Overdraft debt `becoming more expensive`

Women `expecting pension shortfalls`

09/04/2009

Many women in the UK are expecting pension shortfalls, new research suggests.

Figures produced by Prudential indicate that the 2.76 million women who plan to retire this year will receive an average of £6,642 a year less than their male counterparts - potentially putting some at risk of debt problems.

According to Prudential, women will receive an average annual pension of £13,671, while men will get around £20,313.

Karin Brown, annuities business director at the firm, said: "It`s still a shock to see so many women retiring at such a disadvantage to their male colleagues, despite all we know about the causes of pension discrepancies between men and women."

She added that the increasing divorce rate could also mean that fewer women are left with a spouse`s pension to fall back on.

Recently, uSwitch.com suggested that the 1.7 million pensioners relying on property to fund their retirement may be left with financial difficulties because of the recent drop in the values of homes.

More than 4 million fear they`ll be made redundant 16/12/2010 - According to R3`s quarterly personal debt tracker, more than 4 Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according