Ending super gender gap needs collective approachBY LAURA MILLAN | FRIDAY, 11 DEC 2015 12:19PMOne single strategy will not be enough to end the superannuation savings gap between men and women, industry stakeholders have concluded.
Related News |
Editor's Choice
ASIC hits back at parliament: 'Simply not realistic'
|The financial regulator has hit back at suggestions it isn't doing enough to deal with community complaints.
The risks and opportunities in advice: SIAA
|This year's Stockbrokers and Investment Advisers Association (SIAA) Conference will take a deep dive into how major financial advice reforms will impact superannuation funds and how they are preparing to help Australians particularly retirees access advice.
AMP Advice partners with BlackRock and Lonsec
|Through the partnership, AMP Advice will introduce a new category of tailored managed portfolio solutions.
Succession planning troubles family offices: J.P. Morgan
|Global family offices remain deeply concerned about how to prepare the next generation to inherit a vast fortune as almost 30% do not have a structured approach to help them, a new study from J.P. Morgan reveals.
Further Reading
Sponsored by | Where do advisers invest their time?The stage 3 tax cuts have sparked discussions on bracket creep. Implementing a tax-effective investment strategy is crucial now more than ever. |
Sponsored by | Quality and Yield. A Powerful combination.With central bank rates seemingly peaked, investors are not awaiting yield increases. We're bucking the trend with investment rates at decadal highs |
Sponsored by | Why it could be a good time to be a growth contrarianGrowth-style companies are in vogue, but you may need to think outside the box to ensure you don't overpay. |
Products
Featured Profile
Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
Of course women will have lower average account balances at a given age than men, assuming that they take time off work during their child bearing years.
However women also have a 2-year longevity advantage over men, meaning that for each gender to have equal periods in retirement then women should retire at an age 2 years later than men. Those later 2 years of extra contributions, plus the compound interest on their account balance, will make up for their earlier periods of unemployment.
Now that is the way to true Gender Equality.