Women are increasingly taking control of finances in the household and nearly half (47%) of them worry about being able to trust a financial adviser, according to M&G.
Its Untapped Potential of Women's Wealth report found that more than half of women who are in a relationship manage the day-to-day spending (57%) and investments (50%) in their households. It also found that a third (33%) of women worry they would be criticised about past financial decisions if they sought advice. When considering a relationship with a financial adviser, 92% of women would be more likely to work with someone who listens to and understands their need and 87% want an adviser to give them the confidence to make investment choices. Women (43%) are also much more concerned...
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