
244. After years of playing second fiddle to men, women are poised to take centre stage.
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<p>In just two years, 60% of all the wealth in the UK will be in female hands. So now is not the time to be quiet about money matters! Gillian Hepburn, Head of UK Intermediary Solutions at Schroders has been researching the transfer of wealth for a number of years and joins us to discuss this in more detail. From pensions problems to divorce disasters Gillian outlines some of the issues women may face with their future finances and gives practical solutions as to how to invest an inheritance.<br/><br/><b>What’s covered in this episode: </b></p><ul><li>Why 60% of all the wealth will be female hands by 2025</li><li>The first steps for women who inherit a large sum of money</li><li>Why women should invest rather than save</li><li>How to avoid scams</li><li>Why women are more likely to pass on wealth during their lifetime</li><li>Living longer and the impact on our savings</li><li>The importance of engaging with your finances as soon as possible</li><li>What money resources are available for women </li><li>If women are risk averse or just more risk aware</li><li>How money coaches can help you talk about your finances</li></ul><p><br/><b>More about the transfer of wealth to women: </b><br/>When discussing wealth transfer, the tendency is to focus on the transfer to the next generation. However, the initial transfer of wealth is likely to start within the baby boomer generation from husband to the surviving widow. Traditionally non- or low-earning spouses could be able to inherit a fortune, so what do they need to know about finances? Younger, more affluent women are also getting more financially savvy. And, with more women becoming the family breadwinners, all these changes represent a critical inflection point for the financial-services industry.<br/><br/>Learn more on <a href='https://www.fundcalibre.com/'>fundcalibre.com</a><br/><br/><em>Please remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these c
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244. After years of playing second fiddle to men, women are poised to take centre stage.
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