Saunderson House’s financial wellbeing report

Date: 22 Mar 2023

Vicente Luckina Bunn

Saunderson House has conducted further research into gender and financial wellbeing, producing a report.

Saunderson House has conducted further research into gender and financial wellbeing, below the findings:

This report looks closely at how the financial wellbeing and independence concerns of professional women differ from those of men. Whilst everyone has been subject to the same economic pressures of inflation, geopolitical instability and whispers of a looming recession, we find that men and women have different financial concern ‘triggers’ when it comes to their financial wellbeing.

As identified in our previous research, women tend to look at issues holistically, spending more time considering what they don’t know. This insight is supported this year with the finding that women are also much more inclined than men to want to improve their financial literacy and that of their families. Financial education and financial advice can significantly help to build capability and confidence, and I’m proud of the work we are doing to close the gender advice gap in the wealth management industry. This includes the online financial awareness courses for women hosted by our parent company Rathbones.

Research findings are based on the responses from nearly 400 contributors, which includes our clients as well as our partners the Everywoman Network. Everywoman aims to promote and advance women in business and has more than 45,000 members worldwide.

The report is available to view online: https://saundersonhouse.co.uk/2023/03/03/financial-wellbeing-and-women-seeing-the-big-picture/

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