Aberdeen's Kenny on 'hugely worrying' financial literacy gender gap

Recent research findings

Jen Frost
clock • 3 min read

Aberdeen Adviser chief distribution officer Verona Kenny has warned of a “hugely worrying” financial literacy gender gap.

Kenny's concerns come as recent research commissioned by Aberdeen found a disparity in "net good" financial literacy scores between men and women who do not use a financial adviser. The research found that six in ten women who use an adviser reach a good level of financial literacy, compared to 48% who do not access advice. In contrast, 69% of men who use an adviser had a net good literacy score, compared to 71% of those who do not. The research further suggested that 28% of women who use an adviser achieve a very good financial literacy score, which Aberdeen set out is broadly in ...

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