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New Brunswick offers personal finance program for women

SAINT JOHN, N.B. – The New Brunswick Securities Commission is launching new fraud prevention and personal finance program for women.

Executive director Rick Hancox says the new program includes an online money management guide and tools to help women explore the effect that their values have on money decisions.

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Hancox cites research that says 55 per cent of Canadian women are responsible for their household finances – but 71 per cent say they do not have a financial plan.

As well, he says women face special financial challenges because they typically live longer than their spouses and they take more time off from work to care for children or aging parents.

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