Women accrue average pension less than half that of men, research finds

Published by Close Brothers Asset Management (CBAM) and Pensions and Lifetime Savings Association (PLSA), the report found 29% of women have less than £5,000 in workplace pension savings, compared to 15% of men. It further revealed women said they are saving £2,652 over the course of the year, compared to male workers, who said they are saving £3,660 per year - which amounts to 40% more in savings annually. The data is based on surveys conducted by Opinium on behalf of CBAM among 1,000 employers with 200 or more employees and 2,009 employees from companies with 200 or more employees, ...