Career breaks slashing the value of women's pensions

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Women retiring this year will get £7,424 less pension than men, Prudential research reveals.

The life and pensions provider showed women planning to retire this year expected to receive an average annual pension of £12,169, while for men the average figure was £19,593. It says this meant the pensions income gender gap has widened by £782 since 2009 when the difference between men's and women's pensions was £6,642. Figures from the Prudential Class of 2010 retirement survey - of 6,073 UK over-45s - also showed women's pensions had fallen 11% since last year. In 2009 women expected to collect an average annual pension of £13,671 - compared to £12,169 this year. Men's pension...

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