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Men have £20k more in their pension pots for retirement than women, study finds

  • A new survey reveals that nearly 30% of women will rely solely on the state pension as their income in retirement, compared to only 13% of men.
  • Thousands of women are dying before receiving pension compensation, leading to a higher proportion of women relying on their state pension as their only support.
  • The pension gender gap is widening, with women saving significantly less than men for retirement. Career breaks, multiple jobs, and childcare costs disproportionately affect women, making it difficult for them to continue saving for pensions.
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  • 75% of the sources lean Right
75% Right

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Leicester Mercury broke the news in Leicester, United Kingdom on Thursday, September 28, 2023.
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