DWP publishes first gender pensions gap statistics

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...