Gender pension gap widens as men outpace women by £17,000

The Money Matters report aims to help more women engage with investing

Sahar Nazir
clock • 1 min read

Men have almost £49,000 in their pension pot compared to just over £32,000 for women, according to AJ Bell’s latest Money Matters report.

The study was conducted along 4,000 UK adults in June 2023 and was based on parents working full-time before having a child. Just a quarter of women carried on paying into their pension at the same rate during parental leave, compared to 70% of men. The study suggested that men prioritise their pensions far more than women, but women live longer than men, which means "they should actually have a bigger pension pot". Meanwhile, half of women have never paid more into their pension than the minimum requirement. In fact, women are also more likely to not have engaged with their pensio...

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