Advisers could do better by women: AMP
Spurred by US research that showed women thought financial services was the industry least sympathetic and understanding of women clients, she and her team surveyed 700 New Zealand women to determine how many were getting advice, and their perceptions of that.
She said, in contrast to the US results, the AMP team was pleased to see most New Zealand women were relatively happy with the service they got from financial services providers.
But only a little over half the women were confident about their financial decisions. There were some specific issues that related to women understanding and accessing financial products and advice.
The research showed while many women would like advice on their retirement plans, investing and managing debt, only half of those same women had taken such advice. Younger women were more interested and yet less likely to have sought advice.
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