While the gender pay gap has been in the news, a similar problem - the gender investment gap - has been largely ignored, threatening to exacerbate the problem, Boring Money founder Holly Mackay has warned.
Mackay (pictured) said together the two issues presented a "huge problem" for women, warning that failure to engage women as long-term investors exacerbated a 'key problem' for society. "Our research identifies a sinister ugly sister to the gender pay gap, that is the gender investment gap," she said. "The combination of these two highlights a huge problem for women when it comes to future wealth and retirement funding." Mackay explained that typically women are less likely to invest than men, sticking to cash because of "mistrust, a greater fear of investment risk and the time pressu...
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