InvestmentGenderHow big is the gap？

Men and women invest differently, with statistics showing that men are more likely to invest and when they have more money available to invest; women are generally paid less than men, and they often take time off to give birth or care for relatives, a so-called "good daughter penalty."。These social trends can create a huge wealth gap between men and women。

For example, according to the Now: Pensions study, women in the UK earn an average of £137,000 less when they retire than men.。Maike Currie, head of content at Hargreaves Lansdown, said of the gender investment gap:

The theme of this year's International Women's Day is "Embracing Equality," and it goes to the heart of what we strive to achieve.。Yes, women enjoy equality in legislation, but we still have a long way to go to achieve true equality。"

"In an industry, we need to work harder to get the opportunities and resources that fit the choices, circumstances and challenges women often face.。"

Investing in the gender gap is not only in pensions

Data from Hargreaves Lansdown shows that 62% of those who own stocks and share ISAs with brokers are men。However, research from HM Revenue and Customs (HMRC) shows that women are catching up, and nationally, 52% of all ISA holders in 2019 / 2020 were women.。

What's more, female customers of Hargreaves Lansdown may invest more in ISA than male customers。

Female investors are also more likely to adopt a long-term strategy, holding 75% of ISA assets in a fund rather than a single stock or other asset.。

The broker said that despite women's overall lower income, their savings ratio is higher than men's。Women are also more likely to save money for others before saving for themselves, which Hargreaves believes is similar to ignoring the instruction to "put on your own oxygen mask first" before helping others.。

Hargreaves Lansdown names six campaign ambassadors

Hargreaves Lansdown has nominated six ambassadors from its workforce to share their experiences and insights as part of the Financial Intrepid campaign:

• Clare Stinton, Workplace Financial Benefits Analyst
  Sophie Lund-Yates, Chief Equity Analyst
  Emma Wall, Head of Investment Analysis and Research
  Helen Morrissey, Head of Pensions Research
  Sarah Coles, Head of Personal Finance
  Susannah Streeter, Head of Currency and Markets

Sophie Lund-Yates, chief equity analyst at Hargreaves, said:
"I'm keen to make more women aware of the importance of investing.。As someone without a traditional financial background, I want everyone to know that investing is for everyone。"
"Asking questions is very important.。Many women I talk to often think the world of finance and investing is not for them。I want to tell them out loud that investing is for all of us, especially women should take the first step.。"