AustralianSuper reposted this
Today is #EqualPayDay so let's start a conversation about closing the gender super gap so women don't retire with 23% less superannuation than men. #AustralianSuper
Australia’s largest super fund, investing for over 3 million members. AustralianSuper is here to help members achieve their best financial position in retirement. We do this by delivering strong long-term performance and low admin fees for members. We use our size, investment capability and global reach to help us access the best investment opportunities for the benefit of members. We’re committed to providing good value products and services that members need, along with support, guidance and advice to help them feel confident about their future. ----------------------------------------------------------------------------------------- AustralianSuper is not responsible for other user's comments. We reserve the right to delete any comments that are not in line with our community standards. By participating in the AustralianSuper’s LinkedIn community, you agree to adhere to our House Rules: ausup.me/HouseRules ______________________________________________________________________________________ AustralianSuper is a profit-for-member fund. This means we don’t pay profits or dividends to shareholders, so the money we make goes back into the fund for the benefit of members. Investment returns aren’t guaranteed. Past performance isn’t a reliable indicator of future returns. Other fees and costs apply. Read the PDS and TMD at www.australiansuper.com australiansuper.com/contact-us
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AustralianSuper reposted this
Today is #EqualPayDay so let's start a conversation about closing the gender super gap so women don't retire with 23% less superannuation than men. #AustralianSuper
Today is Workplace Gender Equality Agency's #EqualPayDay. It’s 50 days into the new financial year which marks the number of extra days women must work to earn the same, on average, as men did last year. As Australia continues its journey towards gender equality, we are urging all Australians to have a 'super' conversation this Equal Pay Day. “Women, on average, earn $230 less per week than men, significantly impacting their lifetime earnings, superannuation savings and retirement security. “We think this important conversation needs to extend to the long-term impact on women’s superannuation balances and ultimately their financial security in retirement. Australian women should have the same retirement outcomes as men,” said AustralianSuper Chief Member Officer Rose Kerlin. The disparity in earnings has a significant impact on the retirement savings of women with the average super balance of women aged between 60 and 64 23% lower than that of men. So, this Equal Pay Day, start a conversation with your employer – do they offer regular pay reviews, super on paid parental leave or flexible working? It’s important you are equipped with the right information and can access the support that is available. If you have a partner also have a conversation with them about superannuation. For example, if you take parental leave down the track, your partner may be able to make contributions to your super. For more information on bridging the gap, head to our website https://ausup.me/4dstwb4
On Monday it’s #EqualPayDay, which provides a great opportunity to reflect on what it means to be committed to achieving gender equality in our workplace. Monday will be 50 days into the new financial year which is significant because it marks the number of extra days women must work to earn the same, on average, as men did last year. “AustralianSuper is committed to further reducing the gender pay gap and increasing representation of women in senior roles to achieve this goal. In February 2024, the Workplace Gender Equality Agency published organisations’ gender pay gaps, which reflected the Fund’s median base pay gap at 7.1%, down from 9.1% in the previous year’s WGEA Gender Equality Report. Ultimately, AustralianSuper aspires to have zero pay gap,” said Michele Glover, Chief Colleague Officer. To help bridge the gender pay gap, AustralianSuper is proud to offer: 👉 20 weeks of paid parental leave with no qualifying period and no distinction between primary and secondary carers. 👉 Continued superannuation contributions for parents on parental leave at the full-time rate for 104 weeks. 👉 AustralianSuper recruitment shortlists are mandated to have 40% female, 40% male, 20% any gender and all interview panels must be gender balanced. 👉 A Blended Working clause was embedded in AustralianSuper’s Enterprise Agreement that enables flexible working between the Fund office and the colleague’s office, without mandating defined working days/hours required in the Fund’s office. 👉 In 2024, AustralianSuper was recognised as an Employer of Choice for Gender Equality by the Workplace Gender Equality Agency (WGEA) for 13 consecutive years. Learn more about our values and career opportunities: visit https://ausup.me/3SQ7y9S
Members living in remote locations experience significantly greater barriers to accessing their superannuation. AustralianSuper is proud to join the First Nations Foundation and The Arnhem Land Progress Aboriginal Corporation (ALPA) to provide services to members in East Arnhem Land this week, as part of our Outreach Program. Read the PDS and TMD at australiansuper.com
What a successful week it’s been at Financial Wellness Week in East Arnhem Land! We've been on the road since Monday 12th August, teaming up with major banks, super funds, Government services, and financial counsellors to provide crucial support. Tomorrow is our final day at Yirrkala Rec Hall from 10am to 2:30pm—bring your photo ID and financial documents to make the most of it!
AustralianSuper Chief Executive Paul Schroder shares an update for the end of the 2024 financial year. Hear from Paul as he talks through investment returns and outlook, performance drivers, and Fund highlights from the year. “Everyone’s retirement story is different. Whatever your story, we’re here to help you get the most out of your super when you retire,” Paul says. Watch the video here: https://ausup.me/4fH1E4F Read the PDS and TMD at https://ausup.me/3X3UlwP
Manage your super anytime, anywhere with the AustralianSuper mobile app. Stay on top of your super with simple features that let you view balances and fees across all accounts, update your personal details and track how your super has performed over time. Get the app now: https://ausup.me/3WSFsx9
Supported by rising share markets here and overseas, AustralianSuper’s Balanced option has returned 8.46% for Super accounts and 9.25% for Choice Income (pension) accounts for the 12 months to 30 June 2024. Importantly, over the longer-term, the Balanced option has delivered an average annual return of 9.26% in super accounts since inception in August 1985. Listen to Alistair Barker speak about the Fund’s performance in FY24. You can also join our webinar on 13 August to learn about AustralianSuper’s investment strategies and how we see the economic environment. This offers a great opportunity to ask any questions you may have about your super and how it’s invested. Visit https://ausup.me/4ftAWw9
Join AustralianSuper experts on Tuesday 13 August for an update on the Fund’s EOFY investment performance to 30 June 2024 and our outlook for investment markets. Register now: https://ausup.me/3LMDSXa Read the PDS and TMD at https://ausup.me/3ykpoL4
For the 13th consecutive year, AustralianSuper has been recognised as an Employer of Choice for Gender Equality by the Workplace Gender Equality Agency (WGEA). We are proud to be one of only 115 companies in the country to achieve this citation in 2024, and will continue to show our commitment to narrowing the gender pay gap with actions including: 👉 supporting all colleagues to balance work and personal life through our Blended Working Policy 👉 encouraging men to take up to 20 weeks paid parental leave 👉 continued superannuation contributions for parents on parental leave at the full-time rate for 104 weeks. Learn more about our values and career opportunities at https://ausup.me/4cZNqu5 #WGEA #EmployerofChoiceforGenderEquality
Where’s super sitting on your to-do list? Answer a few simple questions with Super Snapshot to know how your super stacks up. Take your Super Snapshot today: https://ausup.me/4dbU4No