Women lose out as retirement income gender gap grows - research

The provider's Class of 2016 study found women who want to stop working this year can expect the highest level of income since the study began analysing data nine years' ago but also found the gender gap had increased to £5,400. It said on average women can expect to retire on £14,450 a year - up £150 on last year. However, it added the gender gap had grown by £600 during that time. Women can expect a retirement income 27% lower than men who will take home an average £19,850 this year, the research found. Despite the increase, Prudential said the 2016 gender gap is better than 2008 ...