The median gender pay and pension gaps at the Chartered Insurance Institute have narrowed in the last 12 months, the financial professional body has reported.

The mean ‘gender pay gap’ at the Chartered Insurance Institute has almost halved in just two years, it has been revealed.

New research by Sipp provider AJ Bell has revealed that the gender pay gap extends to pension freedoms.

Financial and platform provider Zurich has revealed a UK staff gender pay gap of 28% and pledged to do more to help it achieve gender equality.