Source · Select Committees · Work and Pensions Committee
Recommendation 3
3
Accepted
Commit to reporting on the gender pensions gap at least every two years.
Recommendation
Sporadic reports on the size of the gender pensions gap are insufficient to track whether the situation is improving and to focus attention on the reasons for this. As such, the Government should commit to reporting on the gender pensions gap at least every two years. (Recommendation, Paragraph 29)
Government Response Summary
The government commits to monitoring and publishing reports on the Gender Pensions Gap at least every two years, in line with the availability of ONS Wealth and Assets Survey data.
Government Response
Accepted
HM Government
Accepted
We remain committed to monitoring the Gender Pensions Gap (GPeG). This was recognised as important context within the Pensions Commission Terms of Reference which consider the factors that contribute to inequalities in retirement outcomes such as gender. The latest release on the GPeG was published in July showing the gap currently stands at 48% (www.gov.uk/ government/statistics/gender-pensions-gap-in-private-pensions-2020- to-2022). The data is based on the ONS Wealth and Assets Survey which is made available approximately every 2 years. Therefore, we will continue to seek to monitor and publish every 2 years. We also publish information on pension participation by gender annually.