Since April, firms with more than 250 employees have had to report gender pay gap data. James Phillips explores how asset managers and pension schemes are using this in their engagement
Women at the Pensions and Lifetime Savings Association (PLSA) earn 16% less on average than their male counterparts, according to its annual report and accounts.
Young women are likely to end up with a pension pot nearly 11% smaller than that of male counterparts, with a number of barriers preventing women from investing, according to a new report by Fidelity International.
Investment and law firms have the highest median gender hourly gender pay gaps out of nearly 100 pension-related firms reporting, James Phillips writes.
Investment managers and law firms have ranked worst for the median pay gap between men and women among 85 firms involved in occupational pensions analysed by PP.
In this week's Pensions Buzz, most respondents said despite progress in recent years, there is still a long way to go
Women accumulate on average £56,000 in their pension funds by age 50 compared to £112,000 saved by men, research by Aegon has found.