Budget changes to ISAs and increased savings tax may have been designed to steer people towards investing, but they carry an unintended consequence: the effects are likely to fall unevenly on women.
Women make over a million more cash ISA subscriptions than men each year, according to HMRC - not because they lack confidence to invest, but because their finances often demand flexibility. Childcare costs, career breaks, part-time work and fluctuating income mean accessible cash is a necessity, not a cautious fallback.
