Retirement savings should be a top priority for UK women, one financial services provider has recommended.

New Friends Provident research has identified that just 23 per cent of single women between the ages of 25 and 45 have a personal pension, with 33 per cent owning their own home.

Some 41 per cent of people questioned in this demographic had saved less than £200 in the past year, which the company contrasts with the 57 per cent who had invested funds into improving their looks.

The company points out that women's earning patterns are often more unpredictable than men due to childbirth and recommends putting pensions at the top of the agenda.

"Women often have a more sporadic earning pattern than men and we urge them to take time to look at their finances and think about the future," says Christine O'Grady, senior retail media relations executive at the firm.

Meanwhile, a Halifax survey released in January of this year indicated that men are more likely than women to apply for debt consolidation loans.
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