Suffolk Life reveals gender pay gap figures

Two-fifths of top quartile employees are women

Victoria McKeever
clock • 1 min read

Pensions provider Suffolk Life was the latest financial services business to have published gender pay gap figures, revealing women were paid on average a quarter (24%) less on an hourly basis.

According to figures published on the gov.uk website, women made up around two-fifths (41%) of Suffolk Life's top quartile employees but accounted for around three-fifths (61%) of its upper middle quartile employees. The pension provider's lower middle quartile, however, was more than two-thirds (69%) female, while its lower quartile was nearly three-fifths (58%) female. Bonus pay for women at Suffolk Life was nearly half (46%) that of men. More than two-thirds (70%) of women received bonus versus around three-quarters (74%) of men. Suffolk Life was acquired by self-invested personal ...

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 Companies

Quilter swoops two Shackleton advisers in latest AR additions

Quilter swoops two Shackleton advisers in latest AR additions

Five more firms join the network

Isabel Baxter
clock 28 November 2025 • 1 min read
Wealth manager Pello Capital declared failed by FSCS after investigation

Wealth manager Pello Capital declared failed by FSCS after investigation

More than 90 claims over pensions advice

Isabel Baxter
clock 28 November 2025 • 2 min read
Team confirms WH Ireland acquisition creating £2bn wealth and asset manager

Team confirms WH Ireland acquisition creating £2bn wealth and asset manager

Headquartered in Jersey

Jenna Brown
clock 27 November 2025 • 1 min read