{"id":32473,"date":"2025-11-18T13:59:16","date_gmt":"2025-11-18T13:59:16","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/tomd\/2025\/11\/18\/women-lag-behind-with-pension-savings-time-to-make-amends\/"},"modified":"2025-11-19T12:22:39","modified_gmt":"2025-11-19T12:22:39","slug":"women-lag-behind-with-pension-savings-time-to-make-amends","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/tomd\/2025\/11\/18\/women-lag-behind-with-pension-savings-time-to-make-amends\/","title":{"rendered":"Women lag behind with pension savings \u2013 time to make amends"},"content":{"rendered":"
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For every \u00a31 in a man\u2019s pension pot, a woman has just 42p <\/td>Career breaks, part-time work and lower wages widen the gender pensions gap <\/td>Purposeful contributions and proactive planning can help women build stronger retirement security <\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n
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Nearly 40% of women in the UK risk not having enough funds for a comfortable retirement, according to research. Men contribute 27% more to their pension on average per month, which means they have built up nearly double the funds of women<\/strong>1<\/sup><\/strong>. For every \u00a31 in a man\u2019s pension pot, a woman has just 42p<\/strong>1<\/sup><\/strong>.<\/strong> <\/p>\n<\/div>\n\n

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The pension contribution imbalance starts early. At 20 years old, men already have a 15% head start. By the time they reach their mid-thirties, the gap has widened to 22%. It gets even bigger closer to retirement, with men aged 60 or over contributing 41% more than women2<\/sup>. <\/p>\n<\/div>\n\n

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Time to redress the balance<\/strong> <\/h2>\n<\/div>\n\n
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Career breaks for care giving, part-time jobs and lower wages can all impact a woman\u2019s ability to grow a healthy pension pot. More than a third of women work part-time compared with 14% of men2<\/sup>, which means they don\u2019t always earn enough to qualify for auto-enrolment in workplace pensions. There are opportunities, however, to redress the balance whatever your age. <\/p>\n<\/div>\n\n

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Making some purposeful pension contribution decisions<\/strong> <\/h2>\n<\/div>\n\n
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Making decisions about pension contributions can be overwhelming \u2013 especially if you lack confidence or knowledge. With 38% of women worried that their pension won\u2019t fund a comfortable retirement1<\/sup>, now is the time to take control \u2013 and make pensions work harder within your overall wealth strategy. And remember \u2013 it\u2019s never too late, you deserve to flourish in retirement. <\/p>\n<\/div>\n\n

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Powerful opportunities<\/strong> <\/h2>\n<\/div>\n\n
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Pensions are one of the most tax-efficient vehicles for building wealth, offering valuable tax relief on contributions and the ability for tax-free growth. Integrating pensions into a broader financial plan can unlock powerful opportunities for long-term security. <\/p>\n<\/div>\n\n

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1<\/sup>Royal London, 2025, 2<\/sup>Aviva, 2025 <\/p>\n<\/div>\n\n

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The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated. <\/strong> <\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

For every \u00a31 in a man\u2019s pension pot, a woman has just 42p  Career breaks, part-time work and lower wages widen the gender pensions gap  Purposeful contributions and proactive planning can help women build stronger retirement security  Nearly 40% of women in the UK risk not having enough funds for a comfortable retirement, according to […]<\/p>\n","protected":false},"author":12,"featured_media":32498,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,89,88],"tags":[],"hd_content_source":[116],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/32473"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/comments?post=32473"}],"version-history":[{"count":2,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/32473\/revisions"}],"predecessor-version":[{"id":32500,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/32473\/revisions\/32500"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media\/32498"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media?parent=32473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/categories?post=32473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/tags?post=32473"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/hd_content_source?post=32473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}