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We've all seen the stats about female representation in the financial services industry. Almost half of financial services employees are women, which sounds pretty good. But if you take a closer look, you'll notice that as we climb the career ladder, women become underrepresented. In 2018, only 33.5% of advisors were female and a mere 15% of executive leaders were women. When we focus on women who specialize in the retirement sector, their confidence in their career trajectories mirrors these results. According to Women in Pensions Network, only half agree their career path looks promising, and one in three don't believe they have enough education to advance.
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