08.12.24

Strategies to Provide Women Greater Access to Financial Security

by: Kara Hoogensen

Just 27% of women are satisfied with their present financial situation, according to Principal Financial Group's 2024 Global Financial Inclusion Index Consumer Pulse, compared to over 40% of men. Kara Hoogensen, senior vice president for Benefits & Protection at Principal Financial Group, says, "Through conversation, collaboration and a little concerted effort, employers and the financial services industry have a significant opportunity to better support women. By expanding access to and improving benefit options, removing barriers to retirement savings and exploring public-private programs, we can work towards a more inclusive future."

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