Helping women plan their financial future
In our latest Women and Retirement Report, we’ve seen the gender pension gap widen further from 30% to 32% in the last year. Meaning that women are now on track to retire with an average annual retirement income of £13,000, compared to £19,000 for men.*
Find out what’s driving such a difference between women and men’s retirement incomes, and what actions can be taken to help close the gap.
Career Break Modeller
Our Women and Retirement journey in the Scottish Widows app allows employees to explore how different choices affect their retirement savings, identify ways to boost their pension and understand how investing can help them build wealth.
We know from our latest Women and Retirement Report that career breaks are a significant driver of the gender pension gap. With our new Career Break modeller, found within the Women and Retirement journey, employees can understand the long-term financial cost of a career break so they can plan ahead with confidence.
Encourage your employees to download the app and access the Women and Retirement journey from the home screen.
If your employees download the app, register and start using it by 9th March 2026, they will have a chance to win £25,000. Prize draw terms & conditions apply.
2025 Women and Retirement Report
Our Women and Retirement Report highlights the unique challenges women could face as they plan for retirement, and what actions your employees can take to help them plan for a better financial future.
Last year marked 20 years of Scottish Widows’ Women and Retirement Report, in which we said it would take at least another 20 years before the gender pension gap was closed.
In this year’s report, we’ve actually seen that gap widen further from 30% to 32%. Meaning that women are now on track to retire with an average annual retirement income of £13,000, compared to £19,000 for men.*
Read the full report and watch the playback of our report launch webinar to find out more about what’s driving this increased gap and what you can do to support your employees.
Women and Retirement Report launch webinar playback
Our report reveals a 32% gender pension gap in overall retirement income.*
Women are now on track to retire with an average annual retirement income of £13,000, compared to £19,000 for men.*
50% of women have taken a career break compared to only 20% of men.*
Support for your employees
Employee engagement materials
Support, encourage and educate your employees using our new Women and Retirement readymade campaign materials.
Help them understand what the gender pensions gap is and what actions they can take to close their own gap.
* Source: Scottish Widows Women and Retirement Report 2025