· Poll of 4,000 people reveals that one in six men want the freedom to invest their pensions in funds run by female managers
· 17% of men said they would like to choose to have at least part of their funds managed by women compared to 16% of women
· 24% would contribute more to their pensions if they had control over how it was invested
ONE in six men want the ability to invest in funds managed by female fund managers according to a new poll by DIY investment platform, TILLIT.
Some 17% of men said they would like the option to invest in funds managed by women, compared to 16% of women.
Ethnic minorities are almost twice as likely to invest in funds managed by women (27%), compared to 15% of white people.
Overall, 17 percent of the 4,000 Britons polled by investment platform TILLIT, wanted the freedom to back funds run by female fund managers.
Launching this month, TILLIT’s pension product has features that allow users to filter investments based on their values, including funds run by at least one female fund manager.
Its polling revealed the desire for workers to have more control over what their pensions are invested in, with one in five (24%) saying such power would drive them to put more money in their pot.
TILLIT Founder & CEO, Felicia Hjertman, said “At TILLIT we are passionate about empowering people to take ownership of their pensions. This survey clearly shows that many people
want more control over what is, ultimately, their financial future.”
“It is remarkable that so many people would invest more money in their future if they could hop in the driver’s seat and weren’t locked into a pension they have no or little control over. We’re on a mission to knock down the barrier between people and their pension.”
Tamara Gillan, founder of female finance group, WealthiHer says: “Our research has consistently shown that women invest more consciously. Women are more than just a diversity tick box exercise, they can add a different way of looking at investments.”
The TILLIT Pension is launching with select employers and pre-registered customers in April.
