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

Industry agrees member voices are 'almost silent' in large DC and CDC schemes

Industry agrees member voices are 'almost silent' in large DC and CDC schemes

PP survey shows 67% back AMNT’s view that member voices are ‘almost silent’

Martin Richmond
clock 25 August 2026 • 2 min read
News Digest: GAD drafted in to help tackle most complex Civil Service Pension Scheme cases

News Digest: GAD drafted in to help tackle most complex Civil Service Pension Scheme cases

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

Professional Pensions
clock 25 August 2026 • 1 min read
Buzz: Should well-off pensioners get an honour to opt out of the state pension?

Buzz: Should well-off pensioners get an honour to opt out of the state pension?

Pension honours, LGPS surpluses and Standard Life PRT venture

Professional Pensions
clock 24 August 2026 • 1 min read
Trustpilot