[vc_row][vc_column column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/6″ uncode_shortcode_id=”107856″][/vc_column][vc_column width=”2/3″][vc_column_text text_lead=”yes” uncode_shortcode_id=”247712″]Women are more than twice as likely as men to miss out on being automatically put into a workplace pension, according to new research.[/vc_column_text][vc_column_text uncode_shortcode_id=”622042″]The analysis shows that almost 1 in 9 women (10.9%) are in jobs where their employers do not have to enter them into a workplace pension, while the figure is less than 1 in 20 (4.3%) for men.

Employers are required by law to automatically enrol workers into a pension if they earn £10,000 a year or more, and to make contributions for them.

But 1.4 million women earn less than this threshold – potentially leaving many without an occupational pension.

The problem is highlighted in research just published by the TUC (Trades Union Congress).[/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text text_color=”accent” uncode_shortcode_id=”668139″ text_color_type=”uncode-palette”]

Key statistics:

1 in 9 : the number of female employees in jobs where their employer doesn’t have to enter them into a workplace pension

29th May : the date when the average woman starts receiving their pension compared to an average man

40.5% or £7,100 : the income gap between men and women in retirement – more than twice the gender pay gap, which is currently 14.9%

[/vc_column_text][vc_column_text uncode_shortcode_id=”205766″]Reporting the research, the TUC highlights key factors influencing the pensions gap and calls  on the government to take action to tackle the  divide:

• Caring responsibilities: women are more likely to take time out of work or work part-time to look after children, making it harder to build up a workplace pension
• Gender pay gap: the impact, over time, of women earning less than men due to the gender pay gap
• Auto-enrolment: employers do not have to enrol low paid workers into a workplace pension – and these are more likely to be women.

• State pension: historic differences in National Insurance contributions have left women with lower state pensions on average.

Read more about the research findings here.  And tell us what you think:  are you focused on getting your pension plans in place or think it’s something for tomorrow?  Take part in our poll and see how many are like you.[/vc_column_text][vc_separator sep_color=”” uncode_shortcode_id=”664364″][vc_raw_html]JTVCZm9ybWluYXRvcl9wb2xsJTIwaWQlM0QlMjIxMTk2NDglMjIlNUQ=[/vc_raw_html][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row]