Women face two-thirds income drop at retirement

clock

Women typically receive just £126 in weekly retirement income, which is an income drop of 68% from when they were in the workplace, according to LV=.

This contrasted with an average weekly retirement income of £211 for men, who experience an average income fall of 60% after retiring. The annual salary of over-60s is £25,480, with that sum decl...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Demand for buy-in 'consistent' across scheme sizes

Demand for buy-in 'consistent' across scheme sizes

Standard Life says scheme size does not influence appetite for insurance-based solutions

Holly Roach
clock 09 October 2025 • 2 min read
News Digest: Why pension funds are still pushing for climate action

News Digest: Why pension funds are still pushing for climate action

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 09 October 2025 • 1 min read
LCP launches streamlined service to provide trustees with covenant advice

LCP launches streamlined service to provide trustees with covenant advice

Organisation said new funding regime means a different approach to covenant

Holly Roach
clock 08 October 2025 • 1 min read
Trustpilot