A new report highlights a widening gender pension gap in Scotland, putting more than a third of women at risk of poverty in retirement. The gap, which now stands at £113,000 between men’s and women’s median private pensions, is overwhelmingly caused by career breaks taken for childcare. A five-year break can cost a woman over £69,000 in lost retirement savings and compound interest. These findings underscore the urgent need for systemic solutions to ensure caregiving responsibilities do not financially penalize women later in life.
Nov 18, 2025 https://www.scotsman.com