Aware Super

Aware Super welcomes the introduction of legislation that will ensure the Superannuation Guarantee is paid on government paid parental leave.      Tune into 3AW Drive at 5.10pm today to hear Jane Macnamara, Head of Advocacy, and Jacqui Felgate talk about what this could mean for Australian families. We urge parliament to pass this bill to help support Australian families build their retirement savings. Our CEO Deanne Stewart and WGEA Pay Equity Ambassador said: “We’ve been advocating for this change for many years on behalf of our members and all parents. We’re only too aware that caring duties fall disproportionately to women, and we want to see action now to help ensure they are financially secure in retirement.”  . . . ⭐ Gender pay gap values derived from the latest ABS AWE numbers released on the 18/07/2023. Times calculated are based on an average 40 hour working week. The projection is based on an average 32-year-old Australian woman with a salary $1,686 per week staying constant in real terms. Retirement balances are rounded to the nearest $1,000 and are stated in today's dollars, deflated using Average Weekly Ordinary Time Earnings (AWOTE) at 4.0% p.a. The projection assumes that a women gives birth at age 32, and then 34 and 36 if they have a second or third baby. The part time period starts immediately at age 32. The assumed investment option is a standard Growth option (Aware’s Balanced Option) returning CPI + 3.95% before admin fees.

The Super Helpful Market Update team is back with a fresh new episode! It’s chock full of tips and tricks to help you plan for your retirement, like boosting your super by adding a little bit extra each month. It's small changes today that can help make a big difference to your balance in the long-term 💰 For the full episode (which gives a great overview of how your money and markets performed in FY23/24), head to our website: bit.ly/3WWh7Fm 🔎 Before contributing, consider if this is right for you and the PDS and TMD at aware.com.au/pds. Exceeding the current annual contributions limits may reduce any tax benefits you could receive. 👉🏾 For further information on contribution limits see aware.com.au/grow.

We’re proud to welcome Christine McLoughlin AM, as our new Chairman.  Christine is a prominent figure in leadership and governance and has led some of Australia's largest and most regulated industries. She has over 25 years’ experience in the financial services sector as both an executive and non-executive director.  Attracting a Chairman of Christine’s calibre reflects our member-centric focus as the retirement partner for more than 1.1 million Australians.  She said: “I recognise this is a critical time for industry funds and the superannuation industry more broadly. I believe Aware Super is best in class and will continue to help many Australians navigate a successful retirement.  “As I’ve learned more about Aware Super, I’ve been struck by how strong the organisation is, not only in terms of their advice and digital services for members, innovation, investment capability and commitment to governance, but how they’re thinking about retirement.”  “Ageing populations mean retirement is one of the greatest challenges faced by developed economies the world over, and I’m proud to be joining Aware Super at a time when they are already thinking and acting on how to best serve and deliver value for their members and the broader community.”   Welcome Christine!

As global institutional investors, we believe diversity is a competitive advantage that drives ideas and innovation to generate strong returns for our members💡   We’re proud to be the first Australian super fund to become a member of the Institutional Limited Partners Association (ILPA) Diversity in Action initiative.   This global initiative focuses on advancing diversity, equity, and inclusion in the private equity industry.     Learn more about the ILPA: https://lnkd.in/gD3YQqur     Thank you Karen Nes, CFA and Jenny Newmarch for leading the way on behalf of our members.   👉 Past performance is not an indicator of future performance.

We’re thrilled that our industry-leading digital platform, benefiting our 1.1 million members, is set to be supercharged, thanks to our new Chief Operating Officer, Sally Collins. In her first feature with Investment Magazine, Sally unveils her vision for the future of Aware Super:   🫶 Expanding Leadership: Sally’s extensive executive experience will position our operational strength to meet the retirement needs of our valued members.   📈 Strategic Growth: With a clear message we’re ‘open for business,’ in the M&A space.   🩷 The Aware Way: Our agile way of working will empower us to meet the evolving needs of our members, especially as more retire.   🪄 Harnessing AI: Discover how we’re integrating artificial intelligence to simplify and enhance the retirement journey for our members.   Don’t miss out on Sally’s insightful conversation with Glenda Korporaal, discussing her first strategic hire, Winnie Huen, and more!    Read the full article 👇   #AwareWay #Leadership #Agile

Super proud to be one of only 41 Aussie workplaces awarded Workplace Gender Equality Agency Employer of Choice for Gender Equality for nine or more years, with just 115 workplaces recognised in total. This recognition shows our commitment to driving change and highlights our position as advocates for gender equality in the super and investment space.   Some of the things that contributed to our recognition?   🩷 A recruitment process that ensures gender split to drive equal representation across roles at all levels. We have 53% female representation overall, senior management is 50.4% female and our Board has 73% female representation.   💙 Flexible leave policies that we've focused on for years and are constantly looking to evolve for our people's needs. Menopause leave, gender transition leave, grandparents leave and paying Super on 12 months of parental leave are a few examples of our leave policies.   💜 Our CEO Deanne Stewart is a WGEA Pay Ambassador, committed to driving change for women's retirement in the super system more broadly.   Read more here: https://bit.ly/46p2pLy

Orange is the new pink...or is pink the new orange 😉   Either way, we spent some time with new sponsorship partners the GWS GIANTS to get more insight into how they show up both on and off the field. As a super fund that champions being super helpful to our 1.1 million members, we wanted to hear about how our values are reflected in the GIANTS team culture.   Confirming we also like Cooper's suit and will be cheering on the GIANTS this weekend 🩷🧡

Our Head of International and Deputy CIO Damien Webb met with the new Prime Minister of the UK, Sir Keir Starmer for his first summer business reception at 10 Downing Street yesterday. A huge thank you the PM and his team for the invitation.    We joined 75 business leaders from top companies like Google, GlaxoSmithKline and CPPIB to hear what the new government’s top priorities were, directly from global decision makers and policy shapers. Since the launch of Aware Super UK last year, we've continued to build on our reputation as an active, leading global institutional investor. We're well positioned to deliver strong risk-adjusted returns to our 1.1 million Australian members and provide exciting opportunities for our employees and communities across the UK.   We also look forward to working with the new Chancellor of the Exchequer Rt Hon Rachel Reeves and Secretary of State for Business and Trade Jonathan Reynolds MP, as well as continuing with the strong relationship we’ve developed with the UK’s Department for Business and Trade.

Wondering what actually makes super, SUPER?   The answer is you! We're a workplace full of superhumans, and it's these people that make SUPER happen. Superhuman qualities include (but aren't limited to): 🏃🏽♀️➡️ Moving fast 🧠 Thinking big 🫶🏻 Caring deeply We whipped around the office to find out what gets our people out of bed today, and what's exciting them about the future of work and superannuation, tomorrow.

Scammers are active following the CrowdStrike tech outage, so it's important to be aware and guard your details.   👉🏽 Find out more about what we’re doing to keep your super safe: aware.com.au/security