Women need £185,000 more for same retirement as men

Scottish Widows suggested reforming AE and raising awareness of joint annuities

Holly Roach
clock • 4 min read
The firm’s annual Women and Retirement Report has been running since 2006
Image:

The firm’s annual Women and Retirement Report has been running since 2006

Women need to save £185,000 more than men to reach the same retirement income as them, according to Scottish Widows.

This firm's annual Women and Retirement Report - which has been running since 2006 - revealed women currently in their 20s will have only saved around £250,000 by the time they retire. By compariso...

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

Pensions Personality of the Year – Nominate your favourite now!

Pensions Personality of the Year – Nominate your favourite now!

The accolade aims to recognises the person who has done the most to further the cause of occupational pensions over the past year

Jonathan Stapleton
clock 26 February 2026 • 1 min read
PPF confirms zero levy for 2026/27

PPF confirms zero levy for 2026/27

Marks second consecutive year the lifeboat fund will not a charge a levy to conventional DB schemes

Holly Roach
clock 26 February 2026 • 2 min read
PPI: Why the gender pension gap matters, how it is measured, and why monitoring helps

PPI: Why the gender pension gap matters, how it is measured, and why monitoring helps

John Adams says a range of approaches could be used to calculate the GLC

John Adams
clock 26 February 2026 • 4 min read
Trustpilot