The number of women shopping around for a better income from their pension pot is falling, according to figures from one national pension-focused IFA.

Men and women will for the first time share the same state pension age of 65 from tomorrow (6 November 2018) marking a major pensions milestone set in train 25 years ago but critics say the change is far from fair to women.

Almost 15% of UK HNW investors are women, equivalent to 50,000 individuals and the largest female HNW population in Europe, according to new research.

The Investment Association, the fund managers’ trade body, has appointed four new board directors - including three women - to help improve gender diversity in a sector which has been criticised for being male dominated.