'Gender pension gap' sees women losing out by over 10% - Fidelity

'Lack of trust' by women

Laura Dew
clock • 3 min read

Young women are likely to end up with a pension pot nearly 11% smaller than that of male counterparts, with a number of barriers preventing women from investing, according to a new report by Fidelity International.

The study, The Financial Power of Women, used research based on interviews with 1,000 women and 1,000 men to discover their views on investing.  Its findings included young women putting money into a pension in line with the government's auto-enrolment contributions may still end up with pots that are significantly smaller than for men.  Based on projections from the Office for National Statistics and adjusting for inflation, the average man aged between 25-34 is expected to have a pension pot of £142,836 at age 68. Anna Sofat: The changing landscape of women's wealth But the av...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

AllianceBernstein bags two SDR labels on deadline day

AllianceBernstein bags two SDR labels on deadline day

Focus labels dominate market

Cristian Angeloni
clock 02 April 2025 • 3 min read
Investors take group action against RL360 over collapsed funds

Investors take group action against RL360 over collapsed funds

Claim brought to Isle of Man to seek compensation for losses

Isabel Baxter
clock 27 March 2025 • 2 min read
Watch Professional Adviser's Working Lunch on Baillie Gifford's Scottish Mortgage trust - A World of Opportunities

Watch Professional Adviser's Working Lunch on Baillie Gifford's Scottish Mortgage trust - A World of Opportunities

Catch up on the discussion

Professional Adviser
clock 25 March 2025 • 1 min read