Women's Private Pensions in Great Britain Fall Behind Men's by 35% Average by Age 55, Study Finds
Women's private pensions in Great Britain are worth 35% less than men's on average by the time they reach 55, according to a government study.
The gap is widest for those aged 45-49.
Lower earnings, time off for childcare, and more part-time work are factors.
In 2021, women's private pensions received £52bn compared to men's £62.6bn, a gap of 17%.
The government has announced reforms to help women keep contributing to their pensions.
The gap is expected to persist.
Lower earnings, time off for childcare, and more part-time work are factors.
In 2021, women's private pensions received £52bn compared to men's £62.6bn, a gap of 17%.
The government has announced reforms to help women keep contributing to their pensions.
The gap is expected to persist.
