Pensions 'most attractive investment for wealthy women'
Women with more than £100,000 available for investment are most likely put their money into a pensions scheme, according to a new report.
Figures from Barclays Wealth have shown that rather than buying shares or making an alternative investment, Britain's wealthy women are most attracted by pension schemes as a way to ensure their own financial stability.
In fact, British women tend to be more disciplined than their male counterparts when it comes investing for their future and having acquired an amount of money they are typically more focussed on maintaining that capital, the recent research suggests.
"Women will alter their approach as they reach their goal and will often act to protect what it is they have built up," said Amy Nauiokas, managing director of Barclays Wealth.
"But equally, when they are in the mindset that 'this is for investment and saving' women are very diligent and plan well," she added.
A survey carried out by Aegon recently suggested that most independent financial advisors in the UK believe planning for retirement is set to become increasingly difficult over the next decade.
Related Stories
This news is available in 