Just 4% of women hit £300,000 retirement savings milestone - Aegon

Versus one in seven men

Victoria McKeever
clock • 2 min read

Just 4% of women have more than £300,000 in pension savings - the amount someone on average earnings would need maintain their current lifestyle in retirement - research from Aegon has found.

One in seven (15%) men, meanwhile, said they had saved more than £300,000. Aegon's research suggested women were more likely to bury their head in the sand when it came to knowing how much they held in a pension. It found a third (31%) of women did not know how much they had saved for retirement, compared to a fifth (21%) of men. Indeed, women were more likely than men to have no pension arrangements in place at all, with one in seven (15%) failing to pay into a pension plan of any kind versus one in nine (11%) men. When it came to being optimistic about having enough money to r...

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 Pensions

Adviser chases Hartley Pensions for ten months over clients' SSAS transfer

Adviser chases Hartley Pensions for ten months over clients' SSAS transfer

Takes case to The Pensions Ombudsman

clock 10 September 2026 • 2 min read
Pension changes to impact more than half of advised clients

Pension changes to impact more than half of advised clients

Advisers’ biggest concern is not understanding the pension IHT rules

Sophia Panayi
clock 09 September 2026 • 2 min read
HMRC updates on information sharing for IHT on pensions

HMRC updates on information sharing for IHT on pensions

Second technical note

Alex Levy
clock 01 September 2026 • 2 min read