financial capacity divides defined by gender and location by Finance News Bulletin

Published: 06/12/07

Women are more likely to save their money in spite of the fact that men have higher arithmetic to put into their financial records, Abbey has revealedWith 584 per cent of new savers in Abbey's range of 'Super' savings crop female, the feminine bias in the range's clientele reflects the national trend, whereby 52 per cent of all savings crop are held by womenYet the sums men put away remain senior, with £100 more in their accounts than their female counterparts, Abbey exposed

Whatever the gender, "it is important that as many as possible create saving early for their future and as tax efficiently as possible," commented Reza Attar-Zadeh, Abbey's skull of savings and investmentsMeanwhile, another profits divide came to the fore as the National Consumer Council (NCC) warned that the closure of position Offices is disproportionately impacting on the youthful urban poor who rely on branches for essential bank accounts and benefit chequesWith plans for a further wave of 2,500 closures countrywide, vulnerable people who are monetarily reliant on access to a Post Office must be protected, insisted NCC spokesperson Nicola Reillyconditions of use Advertising Resources manufactured goods guides Press releases

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