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

Government urges industry to use 'every touchpoint' to combat pension scams

Government urges industry to use 'every touchpoint' to combat pension scams

Trustees and administrators urged to educate members on the risks posed by scams

Martin Richmond
clock 16 April 2026 • 2 min read
Women in Pensions Awards 2026: Nominations close tomorrow!

Women in Pensions Awards 2026: Nominations close tomorrow!

Professional Pensions celebrates nine years of recognising leading female talent

Professional Pensions
clock 16 April 2026 • 2 min read
ONS reveals 20-year gap in healthy life expectancy

ONS reveals 20-year gap in healthy life expectancy

Just says gap across wealthiest and poorest areas shows ‘mixed picture’ post-Covid

Jasmine Urquhart
clock 16 April 2026 • 2 min read
Trustpilot