Men in the UK have £599bn more than women in ISAs, investment accounts and private pensions – a gender investment gap greater than the GDP of Switzerland.
The research from independent consumer money site Boring Money surveyed 6,000 UK adults and found that while an estimated 6.4 million women in the UK invest, there are 9.7 million male investors - a difference the equivalent to three times the population of Birmingham. Pensions are a key driver of the gender investment gap, with the average private pension £99,000 for women, a figure £39,000 smaller than men, who average a £138,000 retirement pot. Other factors include women being less likely to invest than men, with less than half as many women holding a general investment account th...
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