What is the gender pension gap?
The gender pension gap is one of the most persistent financial inequalities affecting women today. According to the latest Scottish Widows Women and Retirement 2025, PDF(3.1MB), on average men retire with a pension of around £286k, whereas it’s around £173k for woman (£113,000 less than men) — a 32% gap that has widened in the past year.
Why does the gap exist?
What can be done to close this gap?
Here are some practical steps that could make a meaningful difference:
- Check your pension contributions – aim for a combined contribution of around 15% of your salary where possible. Small increases now can have a big impact later.
- Stay enrolled in your pension scheme – auto‑enrolment brings valuable employer and government contributions — staying in is one of the most effective ways to build long‑term wealth.
- Understand your State Pension entitlement – check your forecast on gov.uk to ensure you’re on track for a full qualifying record.
- Track down previous pensions – the Government’s pension tracing tool can help you bring older pots under control.
- Explore saving and investing options – from ISA savings to regular investing, diversifying your approach could help close the long-term wealth gap.
Together, we can close the gap
While the gender pension gap remains significant, the latest research shows real momentum for change. Younger generations are saving earlier, conversations are becoming more open, and technology is helping people understand the long-term impact of their choices.
Closing the gap isn’t just a women’s issue — it benefits families, workplaces and society as a whole. By raising awareness and taking practical steps today, we can build a stronger, fairer financial future for everyone.
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