News
Disrupted work patterns lead to lower pension savings, DWP finds
The report showed that women, especially from ethnic minorities and those who report being disabled, are more likely to have lower private pension savings.
Gender pension gap
Featured
TUC warns gender pension gap leaves women £7,600 worse off per year
New analysis revealed the gap in retirement income between men and women now stands at 36.5% – more than double the gender pay gap, currently 13.1%.
Pensions & Retirement
Women’s pension pots less than half the size of men’s – Royal London
29% of women said they felt confident in combining or transferring pensions, compared to 44% of men.
Lead Story
2024 pension contributions surge by £285, as gender gap widens
On average, savers contributed £285 (19%) more to their pensions in 2024 compared to 2023, taking the average up from £1,192 to £1,477.
News
Employers urged to raise awareness of state pension deadline – Hymans Robertson
Filling gaps in National Insurance Contributions (NIC) records dating back to 2006 could significantly boost state pension incomes.
Pensions & Retirement
UK pension pot sizes see significant growth, PensionBee study shows
PensionBee's latest analysis shows a 16% increase in average UK pension pot sizes, with notable regional variations and persistent gender disparities in retirement savings.