While gender parity may have been achieved on paper - since 2010, women's pension age has been gradually rising from 60, where it has been set since the 1940s, to equalise with men - retirement outcomes remain shockingly unequal.
In the UK between 2016 and 2017, women received 39.5% less than men on retirement ' a circa £7,000 difference on average. Analysis found that the gender pensions pay gap is more than twice that of the gender pay gap which is 17.9% for all employees. There are fears that the rules of the auto-enrolment system also disadvantage women because unless you're earning more than £10,000 a year, you're not auto-enrolled at all.
About the Author: Glen Callow
