Research firm Kantar spoke to 30,000 women and concluded that financial advice is largely “a man’s world”.
The report claimed some women feel “diminished” when talking to a financial adviser.
In response, the boss of the Personal Finance Society said his organisation was “committed” to gender parity.
“The sector recognises that more needs to be done to inspire public trust and bring down some of the barriers and negative perceptions,” Keith Richards, chief executive of trade body the Personal Finance Society, said.
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