Women have same investment knowledge as men but lack confidence - HSBC

Also find financial jargon more off-putting

Tom Ellis
clock • 2 min read

Women match men for investment knowledge but lack confidence when it comes to investing and taking risks, according to research from HSBC UK.

The bank, with the help of YouGov, spoke to 2,000 UK savers and carried out customer interviews to reach its findings. It found three-quarters (72%) of women do not like to take investment risks, in comparison to half (54%) of men. It said one-in-five (19%) women have an equities ISA, while one-in-three (32%) men do. HSBC also found one-third (35%) of women find financial jargon off-putting, while this was only the case for one-quarter (26%) of men. The bank said the advice sector's reliance on financial jargon meant women may not be reaching their "full financial potential", while...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Andrew Goodwin: It's time for advisers to think differently about innovation

Andrew Goodwin: It's time for advisers to think differently about innovation

'Ours is still a profession that rightly places enormous emphasis on the human touch, relationships and trust'

Andrew Goodwin
clock 04 July 2025 • 4 min read
Altus' Holford urges advisers to reframe concept of advice gap

Altus' Holford urges advisers to reframe concept of advice gap

Traditional models of value, service and delivery are being challenged

Sahar Nazir
clock 04 July 2025 • 2 min read
PA Asks: Do you keep in touch with clients when on holiday?

PA Asks: Do you keep in touch with clients when on holiday?

Plus, targeted support worries and BDMs

Professional Adviser
clock 04 July 2025 • 1 min read