56% women ‘not allowed’ to take financial decisions: Survey
56% women are ‘not allowed’ to take financial decisions and this is despite the fact that they are breadwinners for the family, reveals a TATA AIA survey on women’s financial awareness.Source: TATA AIA’s survey on Financial Awareness Amongst Women conducted by Erusaem among 1,000 women in the age group of 25-55 years across 18 cities. All figures do not add up to 100% due to multiple responses.
56%: of married women are ‘not allowed’ to take financial decisions despite being breadwinners for the family
59%: working women do not take decisions on their finances independently, and 65% in tier 2 markets don’t call the shots on financial planning.
Women most aware about FDs, health insurance
Are you aware of the following financial products?
95%: Health insurance
96%: Bank FDs
67%: Mutual funds
48%: Shares/ equity markets
41%: Ulips
76%: Savings Plan
71%: Pension plan
80%: Term insurance
This story originally appeared on: India Times - Author:Tax Cognition
