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...

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 Your profession

Advisers urged to prioritise mindset over products in retirement planning

Advisers urged to prioritise mindset over products in retirement planning

Defaqto conference panellists urge shift to service-led, goal-driven strategies

Sahar Nazir
clock 02 May 2025 • 1 min read
PA360: 'Clients crave certainty, not solutions' – advisers urged to listen harder

PA360: 'Clients crave certainty, not solutions' – advisers urged to listen harder

‘Are you really listening to your clients?’

Sahar Nazir
clock 02 May 2025 • 2 min read
PA Asks: Should the cash ISA limit be cut?

PA Asks: Should the cash ISA limit be cut?

Plus, which business leader inspires you, redundancy cover and NFTs

Professional Adviser
clock 02 May 2025 • 1 min read