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| | | ... workers," AustralianSuper chief member officer Rose Kerlin said. "We know that a woman who takes 10 years out of the workforce to care for children has 12% less income in retirement than a person who has no career break." Meantime, the ACTU welcomed ... |
| | | | ASIC's case against Rest, in which it alleged the super fund misled members about their ability to transfer superannuation out of the fund, has been thrown out by the Federal Court. The case focused on Rest's past practices around rollover requests ... |
| | | | After announcing earlier this year that it was open to a merger, TelstraSuper will now explore a 'merger of equals' with Equip Super. In May of this year, and after 30 years in operation, TelstraSuper announced it was on the hunt for a merger ... |
| | | | Only 8% of Australia's funds management industry is run by women, lagging the global average of 12.5%, the latest Alpha Female Report finds. Citywire's annual analysis, which tracks the progress of gender parity in asset management, calculated 903 Australian ... |
| | | | The Finance Sector Union (FSU) is urging the financial services industry to adopt paid menopause leave policies as it finds more than one third of workers experiencing symptoms are likely to retire early as a result. In October 2023, the FSU launched ... |
| | | | ... assist to bridge the gender retirement gap but there is still work to be done. Adequate and equitable pay, the valuing of care work, and tax settings all need examining to ensure women aren't left behind." The peak industry also voiced concern over the ... |
| | | | A former police officer and professional athlete say staying disciplined and having robust communication skills have helped them succeed in their careers as financial advisers. Forbes Fava Saville Financial Planning senior financial planner and chief ... |
| | | | Many recipients of the Age Pension will pay more for aged care under proposed reforms to how the sector is funded, with wealthier Australians to cover more of the costs they incur from July 2025. With the nation's annual aged care expenses predicted ... |
| | | | ASX today announced a change to its board, appointing a chair to succeed Damian Roche, who is set to leave his post at the conclusion of the stock exchange's annual general meeting (AGM) on October 28. David Clarke joins the ASX as non-executive director ... |
| | | | UK fund managers abrdn and Schroders named their new respective chief executives, both of whom were promoted to the top job. abrdn made Jason Windsor its permanent chief executive after he took the post in an acting capacity in June from Stephen Bird. ... |
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