The tendency for women to be more risk-adverse than men is a major contributor to pension inequality in the UK, according to research from Cass Business School and the University of Bristol.
Data collated in the Quantifying Loss Aversion: Evidence from a UK Population Survey discussion report, published this month, compares 4,000 respondents with a variety of gender, class and education differences...
What made financial headlines over the weekend?
Compared to 6% of 55-64 years olds
Sam Gold and Doug Abbott to take reins
Bionic advice for private clients