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 |
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Matt Gaden
HEAD OF AUSTRALIA
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
Helping investors traverse financial markets and build their wealth during the peaks and troughs is Janus Henderson Investors head of Australia Matt Gaden's game plan. He tells Karren Vergara why in this long game of investing, active management wins.
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.