UK Women Face Retirement With 40% Less Than Men


  • Overall women in the UK hold on average 40% less in their pension pots than men
  • In Southern Scotland, the difference is starkest with women holding almost less than half (48%)
  • Londoners fare better with the lowest percentage difference of a quarter (26%)

Profile Pensions, impartial pension experts focused on making customers better off in retirement, has released new data from a sample of more than 9000 customers* for International Women’s Day revealing the shocking difference in the pension pot sizes of men and women across the UK.

The pension adviser has exposed a gender pensions gap fuelled by a number of complex and well-documented factors, such as gender-specific job roles and huge salary disparity between men and women.

Region Male pension pot (Average) Female pension pot (Average) Percentage difference
North Scotland £38,548 £20,414 – 47%
Southern Scotland £36,836 £19,039 – 48%
North East £36,729 £21,457 – 42%
North West £37,840 £22,769 – 40%
Wales £33,924 £22,281 – 34%
West Midlands £39,219 £26,915 – 31%
East Midlands £40,183 £23,504 – 42%
East Anglia £44,752 £24,987 – 44%
Central Southern £46,922 £25,080 – 47%
South West £35,148 £20,828 – 41%
South East £46,578 £26,654 – 43%
Greater London £46,409 £34,347 – 26%
Northern Island £31,718 £20,136 – 37%
Nationwide £39,554 £ 23,792 – 40%


Michelle Gribbin – Chief Investment Officer at Profile Pensions said: “The findings are stark but not surprising. The reasons for the gender pension gap are well documented and hundreds of years in the making, from traditional gender-specific roles to the ongoing discrepancy between the salaries of men and women.

“Although the last 50 years have seen huge strides in the financial status of women, clearly we are still battling against an unequal legacy and steps need to be taken to make sure the gap narrows.

“Our findings are a timely reminder that women need to take action, as early as possible, to make sure that they are facing retirement confident that they have enough money to live on.”

Michelle’s top tips:

  1. Get to know your pension – Who holds it and what type of scheme do you have? How much is paid in each month and by who and how much will each pot generate in retirement? These are all good questions to start with.
  2. Understand your circumstances – Are you married or single? Do you and your partner both have your own pension provision. No two pensions are alike and it’s crucial you understand yours.
  3. Face uncomfortable questions – What happens if your partner dies? Do you know enough about their pensions status and what you are entitled to?
  4. Review regularly – You should be asking yourself these questions regularly; ideally every year and certainly every time you change job.
  5. Seek help and guidance – There are resources out there, so make the most of them. The Government has worked hard over the last few years to overhaul their guidance and alternatives such as Profile Pensions are on hand to help those with even the smallest pension pots.