Why advisers are key to tackling the gender pension gap

The gender pension gap is becoming a gender pension chasm. Women are retiring with significantly smaller pension pots than men, a situation that only looks like getting worse without real action. Broadstone's latest figures paint a stark picture. Across all working-age groups, fewer women are contributing to their workplace defined contribution (DC) pensions, and those who do are setting aside less. As it stands, men aged 16 and over have a median DC pension pot of £10,000, around twice the size of the average woman's. Among those aged 35-44, only 25% of women contribute to a workpl...