Women miss out on £600bn in gender investment gap

Larger gap than GDP of Switzerland

clock • 2 min read

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...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

JP Morgan AM cuts ties with climate change action group
ESG

JP Morgan AM cuts ties with climate change action group

Climate Action 100+

Eve Maddock-Jones
clock 15 February 2024 • 1 min read
Enter now for Investment Week's Sustainable Investment Awards 2024
ESG

Enter now for Investment Week's Sustainable Investment Awards 2024

Closing date of 6 April

Investment Week
clock 15 February 2024 • 3 min read
Liontrust hires sustainable investment analyst duo from Ninety One and abrdn
ESG

Liontrust hires sustainable investment analyst duo from Ninety One and abrdn

Connor Godsell and Linnea Bengtsson

Cristian Angeloni
clock 14 February 2024 • 1 min read
Trustpilot