Only 35% of young stocks and shares ISA investors are women, according to findings from asset manager AJ Bell.
The asset manager and platform provider noted the gender investment gap narrows among older women, but never reaches parity, with 46% of women aged 65 and over. AJ Bell said that putting money away in a savings account is "not the hurdle", as more women open an ISA account but "overwhelmingly" stick to cash. The gender gap is therefore reversed for cash ISAs, with women making up around 56% of all cash ISA savers. With these findings in mind, AJ Bell is expanding its Money Matter campaign which aims to help more women invest. The expansion should allow more women across the UK to j...
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