Women on maternity leave must be made aware of what happens to their retirement savings while they are off work caring for their newborn, one finance expert has said.
Pension preparations go down in priority when a baby arrives, but should be maintained, states Anna Sofat, director of ADIDDI Wealth.
When women go on maternity leave, employers could do a lot to ensure they have adequate information on what happens to pension contributions during that period, she suggests.
"There ought to be more proactive methods to make sure they understand the implications and not just focus on here and now," Ms Sofat explained.
Figures from Scottish Widows show that less than half of women are saving adequately for retirement.
Worryingly, more than a quarter are not saving anything for towards their pension at all, with many saying that having children has changed their money management plans.
