Women end up with half the pension of men by age 50

Research by Aegon has found women accumulate on average £56,000 in their pension funds by age 50 compared to £112,000 saved by men. The data showed that the gender gap rises with age, as women aged 50, who want to match their male counterpart's pension at retirement, would need to pay an extra £360 into their pension pots each month.
The study, part of Aegon's Readiness research, was carried out with a sample of 2000 participants aged 18 to 65.