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

Did you know that the Pensions Gender Gap is estimated to be twice the size of the Gender Pay Gap?

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 

Content Disclaimer
This content was originally published by Allen & Overy before the A&O Shearman merger