Women and wealth: A new era of financial empowerment?

It shouldn't be forgotten that until 1975, UK banks could still legally deny women the right to open their own bank accounts without a man's signature. Just fifty years ago, legal and societal barriers often kept women on the sidelines of financial decision-making. For members of the Silent generation (1928 to 1945) and Baby Boomers (1946 to 1964), these restrictions had a long-lasting impact, reinforcing a legacy of financial inequality and a lack of confidence in managing long-term finances. The stereotype that women are less adept with numbers than men continues to be amplified by ...