Female savers have made combined efforts to close the gender pensions gap over the last few years, according to research from PensionBee.
The pension provider, which conducted analysis of the frequency and value of contributions made between 2017 and 2022, found the majority of female workers had increased their average contributions per year. The only age group which reported no increase was the over 60s. Average value of annual contributions among female customers in different age groups Source: PensionBee The research found the average value of female savers' contributions a year was 28% lower than their male counterparts, at £1,890 compared to £2,513. It also found the average value per contribution increase...
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