'Intrinsic bias' in DC pension system drives wedge into savings disparity

Hope William-Smith
clock • 4 min read

An “intrinsically biased” pension system, the gender pay gap, and the disadvantage caused to women’s savings by career breaks is continuing to cause “stark gender disparity” in retirement wealth, Barnett Waddingham says.

Findings from a study conducted by the consultancy, released yesterday (29 March), compared the trends of 35,000 members in seven defined contribution schemes and found women have between 25% and 4...

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

News Digest: Applying IHT to pensions 'risks delays and higher costs'

News Digest: Applying IHT to pensions 'risks delays and higher costs'

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

Professional Pensions
clock 22 January 2025 • 1 min read
Katharine Photiou: Looking to 2025, boosting outcomes, and 'incredible change' in the industry

Katharine Photiou: Looking to 2025, boosting outcomes, and 'incredible change' in the industry

L&G’s Katharine Photiou speaks to Holly Roach following her lifetime achievement recognition

Holly Roach
clock 21 January 2025 • 5 min read
New pensions minister maintains AE thresholds following annual review

New pensions minister maintains AE thresholds following annual review

Torsten Bell has completed the annual statutory review of the AE thresholds

Holly Roach
clock 21 January 2025 • 2 min read
Trustpilot