Women face 'staggering' investment gap by 2030 due to lower average pay

£15,337 discrepancy between men and women – study

A new study has identified a "gender investment gap" that will widen to £15,000 by 2030.

The research by Freetrade found the gender pay gap means women stand to make a lower return on their investments than men if they start investing at the same time. Freetrade analysed how much investors could accumulate by 2030 if they had started investing 10% of their average annual income in 2020 and received the average 4.9% return on their investments every year. New leadership programme to 'accelerate' careers of black women in asset management British men have an average annual salary of £31,445 according to the Office for National Statistics (ONS) and would therefore be expe...