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

Mortality rates in 2026 continue to hit record lows, CMI finds

Mortality rates in 2026 continue to hit record lows, CMI finds

CMI monitor shows mortality rates have fallen for all age groups over the last three years

Martin Richmond
clock 08 October 2026 • 1 min read
SPP advocates for 3.25% GMP fixed-rate revaluation

SPP advocates for 3.25% GMP fixed-rate revaluation

Society says GAD analysis provides a ‘sound’ basis for proposed GMP fixed-rate revaluation

Martin Richmond
clock 08 October 2026 • 1 min read
Brightwell operating profit quadruples year-on-year

Brightwell operating profit quadruples year-on-year

Provider reports strong financial performance with further investment in software arm

Alex Levy
clock 08 October 2026 • 2 min read
Trustpilot