Our daughters deserve better! Closing the gender pension gap

'Raising awareness, collaboration, and education, are key'

clock • 4 min read

Susan Hope explains why we must acknowledge that the gender pensions gap is something that affects everyone...

The gender pension gap is the younger, yet more imposing sister of the gender pay gap. The gender pay gap is currently 7.7%. The gender pension gap at age 22 is £100. By age 65 it is £100,000. The Equal Pay Act 1976 is 48 years old, yet somehow we still do not have income parity in the UK. This pace of change feels overwhelmingly slow, and I am uncomfortable with what that means for our young women. The unique challenges women face with retirement preparation must be actively tackled now if we want equality in retirement income. Currently, the retirement income gap is 39% (men £19,000...

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