In Switzerland, seven out of ten women do not participate in long-term financial decisions – but leave them to their partners. This is shown by the UBS Investor Watch study. While men often take responsibility for long-term financial decisions, women tend to deal with short-term finances, such as managing daily expenses or paying bills.
Why is this number important?
What appears at first glance to be a pragmatic division of tasks involves risks: women in Switzerland live around four years longer than men. This not only means that they have specific requirements in terms of retirement planning, but also often leads to financial problems after a divorce or the death of the spouse. This makes it all the more important for women to get involved in long-term financial decisions at an early stage.