Women less tolerant of risk than men

Women less tolerant of risk than men

Women are generally less tolerant of risk when investing than men, research has suggested.

Research carried out by risk specialist FinaMetrica found that in 64 per cent of couples, men had a higher risk tolerance than their female partners.

Paul Resnik, one of the founders of FinaMetrica, said: “Advisers must consider the risk preferences of each person in a couple in giving investment advice – and should not ignore the needs of the less risk-tolerant partner, who is usually the woman.

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“Financial advisers often skip the process of separately assessing a couple’s risk tolerance and either apply the male’s risk tolerance in determining a financial plan or superimpose their own preferences on the couple.”