From wealth to capability transfer-Key challenges for women successors managing investment and how to address, explained
New Delhi, Oct. 16 -- A majority of women investors, who lead their families' wealth decisions, are still learning and did not receive structured, financial training, which exposes a gap in wealth succession for the demographic, according to a report by Equirus Wealth.
The 'Shakti & Capital: Next-Generation Women and the Future of Indian Family Wealth' study found that four in 10 women interviewed by Equirus Wealth assumed responsibility for wealth decisions following a significant life event, including bereavement, separation, capital loss or inheritance, rather than through a planned introduction to family finances.
It noted that a key challenge thus is that financial responsibility can arrive before individuals acquire the knowledge ...
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