Reforms to the retirement system are needed if progress is to be made in closing the retirement savings gender gap. Next week’s federal budget could be a good starting point.
Women must be at heart of the budget
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Now is the moment for change. After months of soul-searching about the way women are treated in Australia, including in Parliament, the federal government has a chance next week to show what it can do to improve the lives of half the Australian population.
The government has fidgeted and dithered in the face of growing public anger about sexual assault, domestic violence, disrespect, and stubborn social structures that hold women back from reaching their potential. But after months of being forced to react to women’s rights issues, the upcoming budget gives the government the opportunity to take the lead, and to begin to redress the harm women have suffered for generations.
Women must be at heart of this yearâs budget
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May 2, 2021 â 12.10am
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Now is the moment for change. After months of soul-searching about the way women are treated in Australia, including in Parliament, the federal government has a chance next week to show what it can do to improve the lives of half the Australian population.
The government has fidgeted and dithered in the face of growing public anger about sexual assault, domestic violence, disrespect, and stubborn social structures that hold women back from reaching their potential. But after months of being forced to react to womenâs rights issues, the upcoming budget gives the government the opportunity to take the lead, and to begin to redress the harm women have suffered for generations.
Banding together on retirement advice
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Players across the retirement income industry have come together to work on a better system for advisers and Australians at the end of their working lives, as the industry shifts and cash rates stay low.
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The Retirement Income Review had a lot of insights, but perhaps most importantly for advisers, it acknowledged the importance of accessible advice in helping retirees navigate the end of their working lives. A lack of financial literacy and a highly complex system mean that the average Australian can find themselves lost, in need of better information and affordable advice tailored to their needs.
Prince Charles to address super funds
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One of the nice things about todayâs zoomed world is that it doesnât take airfares and hotel bills to get someone to speak at your conference. Allowing groups like the Australian Institute of Superannuation Trustees to invite top business speakers like, uh, His Royal Highness The Prince of Wales.
None other than Charles Windsor will present a âspecial video messageâ at next monthâs conference. Â
AP
At next monthâs Conference of Major Funds gathering in Adelaide, none other than
Charles Windsor will present a âspecial video messageâ, to explain Terra Carta, a new âinvestment allianceâ heâs come up with to put ânature, people and the planet at the heart of the financial sectorâ. Heâs keen on Australian superannuation funds getting involved.