{"id":17551,"date":"2012-10-16T21:34:04","date_gmt":"2012-10-16T11:34:04","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=17551"},"modified":"2012-10-16T21:49:22","modified_gmt":"2012-10-16T11:49:22","slug":"females-make-more-financial-decisions-than-males-say-advisers","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2012\/10\/16\/females-make-more-financial-decisions-than-males-say-advisers\/","title":{"rendered":"Females Make More Financial Decisions, Say Advisers"},"content":{"rendered":"

\"Vote<\/a><\/p>\n

Our latest poll has produced what some may consider to be a surprising result.\u00a0\u00a0Advisers say that married females or females in long term relationships are more likely to be the primary decision maker when it comes to finances and financial advice.\u00a0 As we go to print,\u00a0female partners or ‘mutual decisions’ are the most popular responses\u00a0to our question:<\/p>\n

When delivering advice to couples, who, in your experience, is usually the primary financial decision maker?<\/em><\/strong><\/p>\n

To date, 39% of advisers say the answer is female partners, while an equal\u00a0percentage say that financial decision making is shared.\u00a0 Males\u00a0lag behind,\u00a0with only one in five advisers (22%) indicating that the male partner is the primary\u00a0fiancial decision maker for couples.<\/p>\n

Does this result surprise you?\u00a0 Or do you think it’s about right?\u00a0 One adviser has commented:<\/p>\n

I find it generally is the females who are making many of the financial decisions, and the men are tagging along like lost puppies<\/h6>\n

“I find it generally is the females who are making many of the financial decisions, and the men are tagging along like lost puppies. I believe it’s the men who really need to step up and take some ownership of their finances.”<\/em><\/p>\n

While we are keen to hear your views on this\u00a0question,\u00a0one of the possibilities is that we are asking the wrong question.\u00a0 Should we instead be asking the same question about the primary decision maker, but base it on who is the major income earner instead of differentiating by\u00a0gender?\u00a0 Or\u00a0is the answer as to who is the\u00a0primary financial decision maker\u00a0ultimately based on which partner is mostly responsible for paying the bills and maintaining bank account balances and household budgets?<\/p>\n

This poll was originally inspired by last week’s\u00a0announcement of the finalists in the 2012 AFA Female Excellence in Advice Award<\/a>.\u00a0 The Award reflects outstanding leadership from female advisers and highlights the need for more female advisers in the financial services sector, as well as the challenge\u00a0of\u00a0delivering financial advice to more female consumers.<\/p>\n

But as we said, is it a simple question of gender, or is the answer about who is the primary financial decision maker in couples more involved?\u00a0 Give us your views.\u00a0 Tell us what you think…<\/p>\n

\"Vote<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Our latest poll has produced what some may consider to be a surprising result.\u00a0\u00a0Advisers say that married females or females in long term relationships are more likely to be the primary decision maker when it comes to finances and financial advice.\u00a0 As we go to print,\u00a0female partners or ‘mutual decisions’ are the most popular responses\u00a0to […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,49],"tags":[],"class_list":["post-17551","post","type-post","status-publish","format-standard","category-general","category-polls"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/17551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=17551"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/17551\/revisions"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=17551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=17551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=17551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}