Independent Women’s Post

🌍 Addressing Women’s Wealth Inequality: A Call to Action 🌍 Despite significant strides towards gender equality, the wealth gap between men and women remains a pressing issue. Particularly as two thirds of women say that worry around finances and managing the work/life balance keeps them awake at night.   🔍 Why does this matter? Economic Stability: Wealth inequality limits women's ability to save for retirement. Social Impact: Reducing the wealth gap fosters more equitable societies and inclusive growth. Business Benefits: Companies with diverse leadership are more innovative and perform better financially.   💡 What are Independent Women at Forvis Mazars in the UK doing about it? - Educating investors: Through workshops and seminars for all employees, regardless of gender. - Supporting female leaders: Providing consultations to senior female employees and business owners - Building a female led network: To foster a positive supportive environment for women to connect, share experiences and insights, and to learn from each other.   Let’s work together to close the wealth gap and create a more equitable future for everyone. 💪 #GenderEquality #WealthInequality #WomenInLeadership

🌍 Addressing Women’s Wealth Inequality: A Call to Action 🌍 Despite significant strides towards gender equality, the wealth gap between men and women remains a pressing issue. Particularly as two thirds of women say that worry around finances and managing the work/life balance keeps them awake at night. 🔍 Why does this matter? Economic Stability: Wealth inequality limits women's ability to save for retirement. Social Impact: Reducing the wealth gap fosters more equitable societies and inclusive growth. Business Benefits: Companies with diverse leadership are more innovative and perform better financially. 💡 What are Independent Women at Forvis Mazars in the UK doing about it? Educating investors: Through workshops and seminars for all employees, regardless of gender. Supporting female leaders: Providing consultations to senior female employees and business owners Building a female led network: To foster a positive supportive environment for women to connect, share experiences and insights, and to learn from each other. Let’s work together to close the wealth gap and create a more equitable future for everyone. 💪 #GenderEquality #WealthInequality #WomenInLeadership

Despite the continuous debate about women being a major force for global economic transformation and being the main influence behind household spending, the struggle for gender equality continues. A report by McKinsey reveals that advancing women’s equality can add up to $12 trillion to the global economy by 2025. Despite this, only 30% of women worldwide are considered financially literate, highlighting the importance of making continuous and conscious efforts towards women empowerment and equality. Check out this article by IMD & The Female Quotient about the barriers to women's empowerment and how these can be overcome through collective action. #womenempowerment #financialindependence #advsr https://lnkd.in/dtTvr-we

It is impossible to have gender financial equality when we lack a true understanding of all perspectives. A new study published today by Schroders, to coincide with International Women's Day, reveals a stark disparity in perception between women and their financial advisers: - Only 66% of women feel their financial plan is well-aligned with their goals, whereas 92% of advisers believe those plans to be so. - 29% of advisers doubt their female clients' ability to manage finances, a sentiment shared by only 9% of women. - 44% of women stated they manage their own finances and 65% invest themselves yet only 42% of advisers were aware of this. - Not hugely surprising then, only 34% of women would stick with their family adviser post their partner's demise, contradicting the 62% figure assumed by advisers. But this cannot go on much longer. Women are set to own 60% of the UK’s wealth by 2025, a trend that is only continuing. FS firms need to understand the status quo has changed. Women increasingly earn the wealth, hold the wealth and manage it. They need products, services & access to experts that support them and historic relationships will not be enough to keep them. WMs need to adapt fast, with new technology to make their services deeply personalised, at a lower cost and suitable for all. #GenderDisparity #FinancialPlanning #WomenInFinance #WealthTech #InternationalWomensDay #iwd2024

𝐆𝐞𝐧𝐝𝐞𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐆𝐚𝐩 Women invest less frequently and in smaller amounts compared to men due to income disparity, risk aversion, and lower financial literacy. Traditional gender roles, caregiving responsibilities, and a male-dominated financial industry exacerbate this trend, limiting women's participation in investment. Empowering women to invest requires targeted financial education, women-focused financial services, and access to role models and mentors. Building supportive investment communities and implementing policies for financial empowerment are essential steps to bridge this gap. When women invest more, they gain greater financial security, drive economic growth, and diversify investment perspectives. This empowerment allows women to control their financial futures and strengthens their influence in financial markets. Addressing these barriers not only promotes gender equality but also helps women achieve their financial potential. #financialinclusion #genderequality #genderequity #womenfinance Subha Pandian AGUA

International Women's Day has a specific theme every year. For 2024, the theme is ‘Invest in Women: Accelerate Progress’ The theme this year hits close to home. Economic empowerment is key to achieving gender equality. Investing in women goes beyond just doing the right thing. It's a powerful driver for progress across various aspects of society. Here's how: Economic Growth: Studies show companies with greater gender diversity perform better financially. When women participate fully in the workforce, economies flourish with a wider talent pool and increased consumer spending. Poverty Reduction: When women control their income, they tend to reinvest a larger portion back into their families and communities, leading to better health, education, and overall well-being. Innovation and Problem-Solving: Diverse perspectives fuel creativity and innovation. Investing in women entrepreneurs and leaders brings fresh ideas to the table, tackling challenges from different angles. Social Progress: Women's economic empowerment is linked to a decrease in gender-based violence and greater political participation. It fosters a more just and equitable society for all. #womenempowerment #women #investinwomen #progresstogether #iwd2024 #womeninbusiness

✨[#IWD2024] | In 1967 women were granted the right to enter the Paris Stock Exchange and invest. Fifty eight years later, rights have been acquired but inequalities still persist.   Recent reports continue to show that #women are less confident about investing and that this contributes to a gender wealth gap and reduced portfolio diversification.   For instance only 16% of women who invest are completely convinced they are making the right financial decisions. Another example: 27% of women investors feel they do not have enough information to make good investment decisions.   We must collectively address this challenge by providing financial advice via channels of engagement that best suit women investors and offer renewed commitment to support women, as we do for all of our customers.   Increasing the number of confident women investors is key to improving financial security, empowering women and supporting greater gender and social equality.    #InspireInclusion

Happy International Women's Day! In 2023, 71% of TrustPlus clients identified as women: 💡 Cumulatively they reduced their debt $5,318,000 💡 61% improved their credit score 💡 54% identified as Black or African American, 22% as Latino/Latina/Latinx The campaign theme for International Women's Day 2024 is Inspire Inclusion. What role do employers and financial wellness benefits have to play in inspiring inclusion? Can driving inclusion boost profits, productivity, and impact -- and help make the gender wealth gap history? Let us know in the comments. We'll explore these Qs in an upcoming article. #IWD2024 #InspireInclusion #womenshistorymonth #financialwellness #benefits

Encouraging stats from Preqin about women's representation in the alternative investment industry. - Progress in Gender Equality: In 2024, women will represent 22% of professionals in alternative assets, up from 17.5% in 2020. - Yearly Growth: Women’s representation in the sector increased by 1% annually from 2020 to 2024. - Investors vs. Fund Managers: Women are better represented among investors (25%) than fund managers, with foundations leading at 43%. - Global Leadership: North America leads with 23% women representation, followed by Europe (22%) and Asia (20%). Senior Positions and Asset Classes: Infrastructure has the highest women representation in senior roles, at 19%; private equity and real estate have the lowest, at 15%. - Significant Growth in Real Estate: The real estate sector saw the largest increase in women's workforce representation, from 14% in 2020 to 23% in 2024. We'll continue to see these numbers increase as more women enter the space - and more women investors will be brought along with them! Link to the report in the first comment. #womeninvestors #femalefundmanagers #womeninfinance #alternativeinvestments #realestate #privateequity #venturecapital

Did you know that just 26% of investors worldwide are women? (Source The Economics Times) This illuminating statistic is a call for industries globally to bolster their commitments to gender equality, particularly in investment sectors. Equipping women with financial strength is not just beneficial for them but essential for economic growth and innovation. A diverse investor base brings varied perspectives, leading to better decision-making and more innovative solutions. Ensuring women have the same opportunities in investment creates a more balanced and fair financial landscape. Imagine a world where every woman feels confident enough to say, "Investment? I've got this!" This vision is not just a dream, it's a NECESSITY. By providing women with access to financial education, mentorship programs and inclusive policies, we can create an environment where they can thrive. Supporting networks and communities where women can share knowledge and opportunities is also crucial. Let’s all take a step, big or small, toward enabling a future where every woman feels empowered to take charge of her financial destiny. Together, we can make a significant difference. Share your thoughts in the comment. #investment #womenempowerment