The Department for Work and Pensions (DWP) has published its first official statistics on the gender pensions gap.
The department's figures in its report The Gender Pensions Gap in Private Pensions - published today (5 June) and based on the Annual Survey of Hours and Earnings (ASHE) in 2022 - revealed between 2018 and 2020, there was a 35% gap in the median private pension wealth between men and women around normal minimum pension age (NMPA). For workers who were eligible for auto-enrolment (AE) into their workplace pension scheme, the gap reduced to 32%. The DWP noted the size of the gender pensions gap varied depending on age, with the gap at is smallest (10%) for workers aged between 35 and 39 ye...
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