Gender gap: Women end up with half the pension of men by age 50

Career breaks hit pension saving

clock • 2 min read

Women accumulate on average £56,000 in their pension funds by age 50 compared to £112,000 saved by men, research by Aegon has found.

The data showed that the gender gap rises with age, as women aged 50, who want to match their male counterpart's pension at retirement, would need to pay an extra £360 into their pension pots each month. The study, part of Aegon's Readiness research, was carried out with a sample of 2000 participants aged 18 to 65. According to Aegon, a number of factors including gender pay gap and time spent out of employment to raise children means women are less able to build up pension pots. Commenting on the results, head of pensions Kate Smith said: "It's shocking that 100 years after women ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Pensions: The overlooked asset in divorce settlements?

Pensions: The overlooked asset in divorce settlements?

Practical steps to narrow the divorce pension gap

Alistair Myles
clock 11 February 2026 • 5 min read
Legacy pensions tech creates 'enormous risk, costs too much and underserves clients'

Legacy pensions tech creates 'enormous risk, costs too much and underserves clients'

'Our industry is famous for thinking in decades, but customers will not wait that long'

Jonathan Hawkins
clock 10 February 2026 • 4 min read
Govt moves to tackle gender pension gap with LPGS scheme changes

Govt moves to tackle gender pension gap with LPGS scheme changes

Reforms follow consultation on access and fairness in the Local Government Pension Scheme

Jonathan Stapleton
clock 03 February 2026 • 2 min read