A gender gap in the UK's retirement incomes has increased in the past decade, with the average single woman lagging behind her male peers by £85 ($120) per week. An analysis of Department of Work and Pensions statistics by mutual insurer Royal London showed the gap has nearly trebled from £31 in 2006-7. The study found that women are now earning less than men on average. At the same time, occupational pension incomes have risen faster for men.
A gender gap in the UK's retirement incomes has increased in the past decade, with the average single woman lagging behind her male peers by £85 ($120) per week. An analysis of Department of Work and Pensions statistics by mutual insurer Royal London showed the gap has nearly trebled from £31 in 2006-7. The widening disparity has been blamed on a stagnation of real earnings by women over pension age, while those of men have more than doubled. At the same time, occupational pension incomes have risen faster for men.