Women ‘need to work extra 19 years typically to close pensions gender gap’
by Vicky Shaw
Feb 07, 2024
2 minutes
Women face needing to work for an extra 19 years to retire with the same pension savings as men typically, according to a report.
Women retire on average with pension savings of £69,000, compared with £205,000 for men, the research by pensions provider NOW: Pensions and the Pensions Policy Institute (PPI) found.
Career gaps, caring responsibilities, childcare costs and lower earnings contribute to women often having less
You’re reading a preview, subscribe to read more.
Start your free 30 days