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Covid-19 triggers women to take greater ownership of their money: Survey

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> 88% of women surveyed said they took financial decisions along with their spouses or handled them independently> The top financial priority among women was to save for retirement> Women who actively invest has risen by 10 percentage points since last year> While women continue to be risk-averse, with 54% preferring to squirrel away their money in FDs, investing in mutual funds is their second (at 36%) most preferred investment option> 1 out of 2 women, nonetheless, say they don’t have enough knowledge and are confused about financial planningThe annual survey records a clear progression in women investing more and taking greater control of their money over the last year, as a result of the economic impact of the pandemic.

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