Three in four women say the gender of their financial adviser is not important and they are willing to work with either male or female advisers, according to a new study.

Nucleus Foundation, the charitable arm of platform Nucleus, has teamed up with Verve Foundation, the charitable arm of industry support services firm Verve, to fund 10 women to join the ‘We Are Change’ programme which opens the door to a career in Financial Planning.

The Treasury has reported today that 11 new firms have signed up today to its Women in Finance Charter designed to improve the representation of women in senior roles in financial services.

People who switch from full-time to working part-time three days a week face a pension penalty of up to £119,000, according to new research.