Pensions - Articles - Comment on Which statistics on pensions

 Although these figures show a continuing gap between men and women in terms of state pension outcomes, this is largely because men who have built up larger entitlements under the old rules are having them honoured in the transition to the new system. But there should be no doubt that the new state pension system has already reduced inequalities and will progressively bring male and female outcomes into line.

 Under the new rules someone earning £7,000 per year builds up the same state pension as someone earning £70,000, and someone at home bringing up a young child builds up as much state pension as someone running a FTSE 100 company. Reversing decades of inequality takes time, but the new system marks a major step forward’.