Gender pension gap closes but pay gap means women still save less

Holly Roach
clock • 2 min read

The gender pension gap has narrowed to just 1%, but the pay gap and part-time working ratio means women are still saving less per year than men, according to Scottish Widows.

The insurer's Women and Retirement Report revealed the gender pension gap has reached its narrowest level on record, with almost three in five (59%) women now saving adequately, compared to 60% of ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Government’s DB surplus release plans, PPF levy announcements, Standard Life CEO retires

Professional Pensions
clock 31 January 2025 • 1 min read
Professional Pensions Live 2025: Registration open

Professional Pensions Live 2025: Registration open

Our flagship event is returning this year on 21 May at Convene, 155 Bishopsgate in London

Professional Pensions
clock 31 January 2025 • 1 min read
News Digest: The little-known tweak to gold-plated pensions costing retirees £50k

News Digest: The little-known tweak to gold-plated pensions costing retirees £50k

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 31 January 2025 • 1 min read
Trustpilot