
Women lag behind men in workplace pension contributions, analysis finds
The median male employee contributed £4,430 to their workplace pension in 2025, £310 more than the £4,120 contributed by the median female employee.

The median male employee contributed £4,430 to their workplace pension in 2025, £310 more than the £4,120 contributed by the median female employee.

Members also valued guidance as well as flexibility when making investment decisions.

18% of workers expect to spend between £100 and £250 during the tournament, while 14% plan to spend between £50 and £100.

Its research with WPI Economics found that moving to fewer, larger pension funds could also unlock £115bn in GDP, supporting 330,000 jobs through infrastructure investment.

Data showed that a fifth of self-employed workers increased their pension contributions, but a third reduced, paused or stopped payments.

Nick Roy, commercial director of workplace at Aegon, said: “We’re pleased with the progress, and this is only the beginning.”

According to People's Pension, 61% expected employees to cut contributions as they try to keep up with living costs.

Mike Ambery said: “For now, pensions stay steady – but the real shape of the future will be cast by the reforms still to come.”

The platform now offers service fees of 0.15% capped at £150 a year and a fund fee of 0.29%.

53% of employees said they would increase their pension contributions if their employer matched the amount.

Couples can achieve a moderate standard of living with a joint pension pot of £456,500 at current annuity rates, while a single pensioner would need £455,250 on their own.

Graeme Bold said: “Bringing private markets into workplace pensions is a major milestone in helping customers make the most of their retirement savings."
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