Editor's Choice
ASIC cancels AFSL of Australian Fiduciaries
ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation.
Treasury expects regulators to do the heavy lifting
Treasury has released new Statements of Expectations for APRA and ASIC, with an emphasis on how the regulators should promote a more sustainable and secured financial ecosystem.
NGS Super names head of strategy
NGS Super has appointed a former ASFA committe member as head of strategy, as the fund aims to strengthen its retirement offering.
SS&C axes jobs, shifts roles offshore
US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams.
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Featured Profile

Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.







Thankyou, thankyou, thankyou for highlighting the benefits of compound interest and the need to stay in the workforce.
I feel that I have been struggling to get people to understand that for men and women to each have an equal period in retirement (say 15 years) then a woman should retire at an age 2 years older than a man, using her longevity advantage to make up for any earlier years when she has not worked.
Those extra years of contributions and compound interest (on her higher pre-retirement balance) will compensate her, allowing each gender to use their similar super over a comparable retirement period.