Mind the (widening) gender pensions gap

The gender pensions gap (GPG) is a persistent, and worsening inequality in the UK, outweighing the gender pay gap. Defined by the Department for Work and Pensions (DWP) as the percentage difference between female and male uncrystallised median private pension wealth around minimum pension age (55–59), the gap reflects decades of systemic disparities in earnings, employment patterns, and pension provision. One of the main drivers of the GPG is lower salaries for women over the course of their working life and therefore contributing less to their pensions, compounding a significant prob...