40% disparity between male and female pensions

In the UK between 2016 and 2017, women received 39.5% less than men on retirement – a circa £7,000 difference on average – economicia reports.

The 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.

Sue Ferns, Senior Deputy General for Prospect union, said it is “not acceptable that women are condemned to less comfortable retirements and greater anxiety about finances because of inherent unfairness in the labour market. She added:

“Gender-based economic inequality may start in the workplace, but it follows women for the rest of their lives.”