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Showing 21 - 30 of 462 results for "Financial Literacy"

Gender parity in financial services an economic imperative

KARREN VERGARA  |  MONDAY, 10 MAR 2025
The financial services industry has made modest inroads with gender parity, and closing the wealth and financial literacy gap, but the reality is accelerated action is needed from the government and private sector to tackle entrenched inequalities as ...

Industry must do more to improve women's financial literacy: Fidelity

MATTHEW WAI  |  FRIDAY, 7 MAR 2025
... surveyed over 1000 Australian consumers aged 18 to 59 years old, highlighting the gap between the two genders in financial literacy. Only 13% of women believe they will achieve their long-term financial goals, compared to 22% of men, while 18% of women ...

ASFA acts to remove First Nations access issues

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
... challenges faced by First Nations Australians in engaging with the super industry include lack of digital and financial literacy, lack of culturally trained staff, and issues related to identification processes. The Association of Superannuation Funds ...

Advisers must improve public awareness to win Australians' trust: Report

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... stronger client relationships. "... that will involve building the profile of the profession and improving financial literacy in the community more generally. Furthermore, advisers can use technology to learn more about their clients and prospective ...

AI can improve super fund value chain: CFA Institute

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
... defined contribution schemes. They found that the latest tools can enhance the areas of member engagement and financial literacy, governance, investment management, recordkeeping and account management, and the payout phase. While many pension funds ...

Investment habits of the generations revealed

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
... often feel empowered to navigate investment opportunities, but this self-assuredness may mask a lack of deeper financial literacy and experience, particularly in areas like portfolio diversification," Fidelity international head of wholesale, Australia ...

More guidance crucial for aged care transitions: AMP

MATTHEW WAI  |  MONDAY, 25 NOV 2024
... of ongoing income in retirement," Hiller said. "It also includes better access to financial advice, improved financial literacy at all ages, and a simplified retirement system. "Relocating to an aged care facility, gifting and inheritance are all areas ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... to compare," Shrimski said. "By keeping fees confusing, it's taking advantage of the low engagement and financial literacy of Australians when it comes to their superannuation." Shrimski has called for greater transparency on fees - for example ...

More financially secure women seek advice: Survey

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... control of the finances and then thrown into the deep end to navigate their financial future. "It becomes a financial literacy conversation, and depending on the client, where they're at in their understanding, we'll be guided by them in terms ...

Aussies unprepared to manage retirement income

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... accumulation stage of retirement saving far easier, the report noted that a lack of retirement literacy, not financial literacy, remains a crucial barrier to achieving good outcomes around financial plans for retirement. With high-quality professional ...