Thursday 10th of February 2011
Many women are beginning to take greater control of their finances - yet a high number do not have adequate protection in place to keep their money safeguarded.
Bright Grey's new Women and Protection report has shown 48 per cent of females currently regard themselves as the main breadwinner in their homes, but many are not dong all they can to keep their cash secure.
And for those already struggling with huge debts - who find their lack of financial protection costs them dearly - seeking individual voluntary answers could be one way to improve their lot.
The research found 16 per cent of working women do not have a savings account, 35 per cent have not put a pension plan into place, 53 per cent have no life insurance cover and 84 per cent hold no income protection products.
A recent study carried out by Scottish Widows revealed 35 per cent of Britons do not believe their priority level for financial security is at the level it should be.
By Chris King
- Debt consolidation loans falling, figures show
- Britons 'changing attitudes' towards debt management
- Homeowners 'more concerned with debt management'
- Low interest rate 'contributing to debt management efforts'
- Debt management growing in importance, survey finds
- Consumers 'need to be careful' with costly products
