Women investors are more likely than men to hold their nerve during financial turmoil but are less likely than men to invest overall, according to a new study.

Over half of Britons (56%) see investing as “too much of a gamble” for them right now, according to new research.

Prudential’s platform and proposition consultant Allison Fower has joined Alliance Trust Savings as its new chief operating officer.

The chief executive of Alliance Trust Investments is exiting the firm after it was “mutually agreed” she would step down.