IFA magagazine has just published an article, Gender investment gap hurts long-term wealth, as AJ Bell expands Money Matters female investor campaign. An extract:
Baroness Helena Morrissey, founding ambassador of Money Matters, comments:
“There isn’t a single good reason why men should have more money than women, whether that’s in savings, investments or their pension. [J4MB: For once the batty woman is right. There isn’t one good reason, there are MANY. They include career choice, work ethic, hours worked, appetite for risk or stress (e.g. through seeking more senior positions) to earn more money, decisions on spending on shoes and handbags v investing…] Money Matters by AJ Bell is aiming to tackle the taboo topic of talking about money and shed light on all the various factors that mean women are less likely to invest – from the gender pay gap [J4MB: Give me strength!] to the financial fallout of having children [J4MB: Spending time away from the workplace means women earn less money? Disgraceful! Shouldn’t be allowed.] through to the impact menopause has on our money. [J4MB: We didn’t know HRT drugs were so expensive. Something must be done.]
“We want women to be armed with all the information and inspiration to take action with their money, whether that’s saving more, engaging with their pension or starting to invest. The new website collates all this information into one place, as well as giving people the ability to sign up to our newsletter, to receive their monthly dose of investing inspiration.” [J4MB: Decade after decade there are calls for women to be celebrated and inspired. What’s wrong with them?]
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