The Pensions Gender Gap: what it is and how to fix it

The Pensions Gender Gap - the difference between the pension incomes that men and women can expect at retirement – is estimated to be twice the size of the Gender Pay Gap. The difference in incomes at retirement by gender averages 26% across OECD countries, but is much greater in the UK. Why is that, and how can we close the gap?

On Tuesday 23 May 2023 we welcomed Legal & General Investment Management’s (LGIM) Stuart Murphy, Co-Head of DC and Alexandra Miles, Senior DC strategist, to present to us how to address the Pensions Gap. Stuart and Alexandra shared their insights and expertise based on Legal & General’s own research, on:

• How the Pensions Gender Gap starts, and why it grows
• Why is it an issue for everyone?
• What can be done to reduce it moving forwards?
• The DC underdogs: the impact of current auto-enrolment regulations
• How the industry is tackling it

If you would like a recording of the session, please get in touch with your usual A&O contact or email pensions.team@allenovery.com