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Showing 21 - 30 of 106 results for "Gender gap"

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... systemic issues, such as including superannuation contributions on Government paid parental leave to help close the gender gap where women retire with 18 per cent less superannuation than men." But, looking ahead, Briggs emphasised the need for a thorough ...

Mercer proposes superannuation tax overhaul

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... reform leading to fairer outcomes report highlighted three key benefits of its proposals. The proposals will close the gender gap in super through SG payments on parental leave and the extension of LISTO, decrease tax benefits for those with large super ...

Stop penalising women: HESTA

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
HESTA is once again calling for the Australian government to address gender inequities in superannuation and improve financial security for women. In its pre-budget submission, the super fund said tracking and closing gender gaps remain its top priority. ...

Most retirees want pension support through super: Report

CASSANDRA BALDINI  |  TUESDAY, 16 AUG 2022
... Pension and are looking to their super funds for it. It said the percentage difference is likely due to the widening gender gap pervading superannuation outcomes. The report, carried out in partnership with Retirement Essentials, explored the retirement ...

Active Super enhances parental leave policy

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
... paid or unpaid, along with extending paid parental leave to 18 weeks, are important initiatives to help reduce the gender gap in superannuation and enable women to have a comfortable retirement," Active Super chief executive Phil Stockwell said. According ...

Childcare key to super gap

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
Ahead of the Federal Budget next week, new research shows making childcare more affordable could close the gender gap in superannuation savings. Currently, women retire with almost a third less super than men on average, but a new report from Industry ...

Australia improves super system quality

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... at greater risk of homelessness and poverty, she said, adding that specific measures to level the retirement outcome gender gap will require concerted effort by policymakers and industry stakeholders. Mercer senior partner David Knox commented: "We know ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
... just over $822 billion with 28% of SMSF assets held in listed shares and 18% in cash and term deposits. Meanwhile, the gender gap of SMSF members is narrowing with 53% of SMSF members being male and 47% female. The majority (86%) of SMSF members are ...

Equal Pay Day offers sobering reminder

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... childcare would make a huge difference given time out of the workforce is one of the factors contributing to the super gender gap. Normalising the sharing of caring responsibilities is also critical, as well as paying superannuation on family leave." ...

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... Income Review found that 63% of those earning less than $450 a month are women. It also found that the current median gender gap in superannuation balances at retirement is 22%. Welcoming the announcement, Financial Services Council chief executive Sally ...