Women and poor not as financially literate
S&P poll finds 67% of men and 52% of women in S'pore are financially literate - the gap is one of the largest in the world
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Singapore
WOMEN and the poor are not as well versed in basic financial concepts, according to a recently published global survey by Standard & Poor's on financial literacy. In Singapore, 67 per cent of men surveyed got three out of four topics in the survey correct, which is defined as the threshold for being financially literate.
Just 52 per cent of women did so. The 15 percentage point gap here was one of the largest in the world.
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