Almost two thirds of firms report a fall in the gender pay gap
James Phillips analyses the gender pay gap reports of 100-plus firms in pensions
Despite continuous improvement, PP analysis finds asset managers have most work to do
The Pension Protection Fund’s (PPF) median gender pay gap had risen to 15.71% as at 31 March 2020, up from 13% the year prior, according to its latest pay gap report.
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.
PP has analysed the hourly pay and bonus pay gaps between men and women for nearly 100 firms working with occupational pensions. Explore all the data here...
Asset managers have made considerable improvements in their gender pay gaps, with an average narrowing of 2.6 percentage points, Professional Pensions analysis finds.
The Pension Protection Fund’s (PPF) median gender pay gap stood at 13% as at 31 March 2019, down from 17% in 2018, and 20% the year prior, according to its annual pay gap report.
Longer life expectancies, caring responsibilities, and lower average salaries leave women’s retirement savings lacking. Mark Sullivan looks at how the US is closing the gap.
Most of this week's 108 Pensions Buzz respondents agreed the pension schemes bill should be reintroduced in its exisiting form.