Sunday, 17 April 2016

Are Women More Generous Than Men?

When it comes to giving to charity, women are in the driver's seat.

A recent survey conducted by Bank of America Merrill Lynch (BAC) found that women are more generous than men when it comes to charitable giving, especially with respect to decisions about volunteer activities and smaller financial donations.

Large financial donations are often made jointly.

Reuters asked Lorna Sabbia, managing director and head of retirement and personal wealth solutions at Merrill Lynch, for insights into giving and issues surrounding philanthropy among families and women.

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