How to be pension confident with Romi Savova, Founder of PensionBee

Saving for retirement can feel like a distant goal, with pensions often feeling complicated and impersonal.

But with research finding that by the time a woman is aged 65 to 69, her average pension wealth is roughly a fifth of that of a man the same age (Chartered Institute of Insurance 2018), saving for your pension can be vital for a happy retirement.

We know the gender pay gap negatively impacts women throughout their career. This disparity also affects how much we can save for our future, so how can we address the gender pension gap and ensure that we work towards closing it?

My guest today is Romi Savova, the founder and CEO of PensionBee - the leading online pension manager giving customers ownership of their savings, encouraging them to actively interact with their pension pot through a unique combination of technology and customer-centric service.

In this episode, Romi shares how we can better understand our pension plans, the importance of financially planning for later life, and how to start saving.

It’s also a very exciting time for Romi as she gears up for PensionBee’s upcoming IPO. With only 5% of the FTSE 100 CEOs being female (IG Group, 2020) we take a look at Romi’s experience as a female founder working in the financial space and how her organisation has achieved complete gender parity.

You can follow and connect with Romi at:

• PensionBee: https://www.pensionbee.com
• Twitter: @romisavova

We shared some resources in this episode. All the links are below:

• https://www.cii.co.uk/news-items/2018/october/deficit-by-a-thousand-cuts-news/

You can learn more about Vestpod and subscribe to our newsletter here: https://www.vestpod.com. You can follow us on Instagram @vestpod and join our Facebook group. My book is available to purchase from Amazon and your favourite bookshop.

* Please note that we are not certified, financial advisers! The articles and information made available on Vestpod and this podcast are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances.*

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