One survey found that less than a third of women (31%) are confident in their investments, compared to more than two-fifths of men (44%).
The survey, launched to mark International Women's Day, found that more than a third of women (34%) have no savings to invest, compared to 28% of men.
Nearly two-thirds (63%) of women said they didn't know how to start investing, compared to less than half (46%) of men, according to the HSBC UK survey.
Rebecca Owers, head of wealth distribution at HSBC UK, said: “We need our money to work better, so it's important to consider options such as investing.” Financial education is key here. By talking openly about money and learning about the different options available, women can gain the confidence they need to take control of their financial futures. ”
The value of money held in investments can go down as well as up. Some people may benefit from financial advice when investing.
Research shows that women who invest are much more likely to invest in what their friends and family are investing in: 20% compared to 8% of men.
More than half of women (55%) think they need a lot of money to invest, compared to 36% of men.
Many banks and other investment providers have features in their apps that simplify the process.
More than 2,000 people across the UK were surveyed by Census Wide in December 2023 for the study.
Marianne Oliver, director of operations at investment platform InvestEngine, said: “Women face a myriad of challenges when it comes to investing. In particular, as a result of social inequality and the gender pay gap, they have less money to save and more If so, they will take on more work.” Care and financial responsibilities for children and elderly family members.
“This will clearly impact investment frequency and risk appetite, both of which will impact returns.”
