Archaic investing models on a large scale are still being used to provide investment advice for women, when in fact the type of advice that women need to prepare sufficiently for retirement is vastly different.  YES, there is an inherent gender bias in the construction and delivery investment advice for women and worse of all it’s a systemic practice going back over a hundred years; not an intentional directive.  The industry hasn’t caught up with demand and the changing needs of investors………especially women!

This article www.worldfinance.com/wealth-management/tackling-unconscious-gender-biases-in-wealth-management does an outstanding job of explaining the evolution or rather lack thereof, of delivering investment advice to clients.  Over the last 50 years the female client has evolved and the financial services industry as a whole, has not.