Pandemic Has Reinforced Traditional Gender Roles: UBS

The video discusses the impact of the pandemic on women's financial engagement, highlighting that many women, especially millennials and women of color, are deferring long-term financial decisions. Despite being educated and often breadwinners, these women feel uncomfortable with financial discussions. UBS aims to address this by encouraging early financial conversations within families and ensuring all members are involved in financial planning.

What is one reason mentioned for women, particularly millennials, abdicating financial responsibilities during the pandemic?

• Increased job opportunities

• Entrenched gender roles

• Higher income levels

• Lack of financial education

Which group is noted for advocating more in financial decision-making according to the transcript?

• Older women

• Women of color

• Men

• Teenagers

Why is it surprising that millennial women defer financial decisions despite their interest in social issues?

• They have more financial resources

• They are active in other social issues

• They are not interested in finance

• They have less education

What is one reason millennial women give for deferring financial decisions?

• They believe their partner is better suited

• They have no financial goals

• They lack access to financial services

• They are not interested in financial matters

What analogy is used to emphasize the importance of understanding financial matters?

• Climbing a financial ladder

• Crossing a financial bridge

• Putting your oxygen mask on first

• Building a strong foundation

What is UBS's approach to involving women in financial discussions?

• Offering free financial courses

• Focusing only on individual women

• Engaging all family members

• Providing financial aid

What is a key focus for UBS in promoting financial empowerment among women?

• Increasing women's income

• Ensuring women have a seat at the money table

• Reducing women's work hours

• Providing financial incentives