WTW, in partnership with the World Economic Forum, has developed a global Wealth Equity Index that provides key findings and insights on closing the gender gap.
WTW Senior Director, Integrated & Global Solutions, Manjit Basi, shares regional findings from the report, focused on Latin America.
Wide-ranging Wealth Equity Indices
Wealth accumulation inequities exist across Latin America, with women expected to accumulate less wealth at the end of their working careers than men. This is known as the gender wealth gap.
In Latin America, the Wealth Equity Indices across countries are spread across a wide range, despite their similar social and cultural roots. The regional average is the lowest globally at 0.67, with indices ranging from 0.61 for Argentina up to 0.76 for Chile.
WTW's impactful findings
WTW's findings are grouped into the following categories:
- Family support: including childcare and eldercare
- Career: pay and career progression
- Life events: divorce and widowhood
- Financial: savings vehicles, and differences in financial literacy and risk tolerance.
Read the full WTW report.
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Disclosure: Where Women Work researches and publishes insightful evidence about how its paid member organizations support women's equality.