Men more likely to reduce pension contributions due to increased cost of living

Scottish Widows also finds two million single mothers affected by ‘motherhood penalty’

Jasmine Urquhart
clock • 4 min read
Scottish Widows has found single mothers and divorced women are particularly affected by the gender pensions gap
Image:

Scottish Widows has found single mothers and divorced women are particularly affected by the gender pensions gap

Men are more likely to have reduced their pension contributions because of the increased cost of living, according to research by Scottish Widows.

The insurer's 19th annual Women and Retirement report revealed 15% of men had reduced their pension contributions amid the rising cost of living compared to 11% of women overall, despite the crisis...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Contribution

ISS UK has appointed Smart Pension to provide its workplace pension

Smart Pension to provide ISS UK workplace scheme

Appointment benefits 62,000 members and covers £200m AUM for workplace management company

Jasmine Urquhart
clock 27 November 2023 • 1 min read
Cushon has become the latest DC provider to add its name to the Mansion House Compact

Cushon adds name to Mansion House Compact

Pension provider joins but already targets up to 6.75% of DC assets to unlisted equities

Jasmine Urquhart
clock 17 November 2023 • 2 min read
Partner Insight: Wrestling with longevity - can pension schemes win the long fight?

Partner Insight: Wrestling with longevity - can pension schemes win the long fight?

BlackRock’s Gavin Lewis and Peter Fisher discuss how the landscape has changed and the challenges that lie ahead in the Here for the How podcast

BlackRock
clock 15 November 2023 • 4 min read
Trustpilot