Columbia Threadneedle: Women in UK need greater financial empowerment

Ahead of International Women's Day

Anna Fedorova
clock • 2 min read

Women are still far less likely than men to be the primary financial decision-maker within the household, according to the latest research from Columbia Threadneedle Investments.

In the run-up to International Women's Day on 8 March, the group asked 2,000 UK adults about who is responsible for the financial decisions within their household. The survey found that 71% of men consider themselves the primary decision-maker when it comes to savings and investments compared to just 53% of women. Only 27% of women hold investments, compared to 46% of men. Working or retired women are more likely to invest money, while among the homemakers and unemployed just 13% and 10% respectively do so. Women are also less likely to use the services of a professional financial ...

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