Women’s Retirement Income Gap

FT Adviser reports “women have £7k less in their pension than men”.  “The pensions gender gap has increased to 39.9 per cent in 2017/18, representing a gap in retirement income of £7,000 between women and men.  According to Prospect's Tackling the pensions gap 2019 report, the figure compared with a gap of 39.5 per cent in 2016/17.

The union, which based its analysis on data from the Department for Work and Pensions family resources survey, stated that it is “hugely disappointing that the recent gradual improvement in this benchmark for pension inequality has gone into reverse”.”  Read more