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Great article by Glenda Korporaal highlighting the need to step up pressure to bring more Women through into senior executive ranks in Australia's leading companies. #4040Vision is an essential project driving gender equality in Australia's largest companies under the leadership of the excellent Debby Blakey at HESTA. All the data shows that more Women in Leadership is beneficial for all stakeholders - including the bottom line. "Ms Blakey said a report by the Bankwest Curtin Economics Centre in 2020 had shown a 10 percentage point increase in the share of women in the ranks of top tier managers had led to a 6.6 per cent increase in the market value of ASX-listed companies." Ms. Blakey is exactly right and on the cusp of driving this reform. Let's all do our part to support and empower Women & Women's Leadership in the workplace at every opportunity. #FemaleLeadershipFTW #FutureisFeminist #FutureisNOW Industry super funds set to step up the pressure for more women execs: HESTA CEO Debby Blakey https://lnkd.in/gvFjt9nk

Another article based off the Carson Group's State of Women in Wealth Management looks into the culture changes needed to move the needle in our industry. We may lose a large number of female advisors if we remain status quo. #womeninwealth #financialadvisors #wealthmanagement

Did you know the proportion of board positions held by women in the FTSE 350 rose to a record high of 42% this year? Despite notable advancements, the journey towards gender equality in corporate leadership remains ongoing. Recent reports reveal that while women now occupy more than two in five seats on the boards of the UK's largest listed companies, the number of female chief executives in the FTSE 100 is disappointingly low, with only 10 out of 100 companies led by women. While there's been progress, it's clear there's still much work to be done to address the gender imbalance in top leadership positions. Initiatives such as the Financial Conduct Authority's requirement for women to make up at least 40% of a company board signal steps in the right direction, but further efforts are needed to achieve true gender parity. Whilst there is a way to go, we encourage you to be ready for your time to bring change to the table. #InternationalWomensDay #GenderEquality #LeadershipDisparity #DiversityandInclusion #EmpowerWomen

How do you get more women to sit at the investment table? With 73% of UK women claiming they lack the confidence to invest, our CEO Victoria Usher discusses some of the barriers that cause gender imbalance in investing and how female leaders, together with the investment community, can do more to reverse the trend. Including: 👉 Taking small steps to increase personal education and encourage confidence 👉 Fostering community and collaboration by getting involved with female-focused industry events 👉 Championing female investment and paving the way for others to confidently engage https://lnkd.in/eM_CrUSz

👩💼 It’s time we reflect on the role women play in shaping financial markets — both as investors and as employees in the institutions that keep those markets running. On both fronts, there is ample opportunity to deliver both societal progress and economic empowerment. 💸 Worryingly, women do not create wealth at the same rates as men. According to the OECD, women receive 26% less income from the pension system than men. Critically important for many women around the world is improving their inclusion in financial markets as investors and closing this gender investing gap. 🤔 We must ask ourselves: What role do women play as investors, and how can their participation be further encouraged and supported? Read more in the article HERE! https://buff.ly/3Wo0V0R #financialplanning #investing #empoweringwomen

Tanja Maria Lukas, Investment Director Private Equity, recently participated in a roundtable with Private Equity International, where they discussed the value of gender diversity. According to a diversity and inclusion survey by Level 20 and the British Private Equity & Venture Capital Association (BVCA), the number of women in senior investment roles at UK firms and their European offices has increased from 10 percent to 11 percent since 2021. Women also now hold 37 percent of junior investment roles in UK firms. However, progress is still slow, with 17 percent of firms still having no women on their UK investment teams. Tanja explains that Schroders has increased female representation at senior management level to 35 percent, and have implemented policies to support women at all life stages, including maternity returners and dedicated menopause support. Tanja describes how the Sustainable Finance Disclosure Regulation has played a role in promoting transparency and tracking diversity statistics. The roundtable also explored the rise of co-investment, the power of secondaries, and democratisation in private equity. Read the full article below, to find out more. #PrivateEquity #GenderDiversity #PrivateAssets #Inclusion #Diversity Professional investors only. Capital at risk

Ditching financial stereotypes was the key takeaway of the day from our International Women's Day event with our panelists digging into crucial topics around gender equality in investment teams. Sonia B., our Head of Income Assets, highlighted the industry's image problem, where Hollywood-style stereotypes make it hard for young women to imagine themselves in investment roles. There was also important discussion around role flexibility and redesign to attract women to higher-paid roles with trading, portfolio management and risk-taking roles called out as being under represented by women. We also heard from Aware Super Chair Sam Mostyn, who recognised that it's on boards and management taking accountability for addressing gender equality issues in the workplace. Open dialogue and transparency from the top down is the only way we're going to close the gender pay gap, and that includes us at Aware Super. For more insights and details, read the full article by Investment Magazine. #InvestInWomen

Interesting study by Carson Group and reported in Rethinking65 about the Financial Advisor #gendergap . https://lnkd.in/dC-N599F The study quotes Julie Ragatz, Ph.D “The findings of our 2023 Women in Wealth Management study reinforce the crucial role that female financial advisors play in today’s industry. Beyond the qualitative insights, the statistical data underscores the need for continued efforts to enhance gender diversity, promote sponsorship and create inclusive cultures.” “As we navigate the path forward, it is imperative for both men and women to commit to meaningful change, fostering true gender equity and progress,” said Ragatz. “This commitment involves conducting studies like this, building a supportive community, creating inclusive cultures, actively recruiting more women, and ensuring ongoing support for female professionals." What do you think about this study? I'd love to get your feedback Yenni Leighton; Erica Lasdon; Michele DuBois; George Kaplan; Mike Tyrrell; Cynthia Bowman; Cindy Burrell; Dorrit Lowsen; Andrew Rodriguez; Jeff Gitterman; Maria Nazarova-Doyle, CFA; Martin Whittaker; Leslie Goldman Tepper; Susan Thompson; Susan Hume: Deborah Fuhr; Ronit Walny; Jennica Ross; Joanne Hill; Colette Coffman, CFA; Linda Zhang, PhD; Elisabeth Kashner, CFA; Laura V Morrison

Enacting corporate strategies and initiatives that foster an environment where women professionals can succeed is not complex, but it must be intentional, actionable and measurable. By Hannah Buschbom and Thomas Goodson contributors for WealthManagement.com

Enacting corporate strategies that foster an environment where women professionals can succeed is not complex, but it must be intentional, actionable and measurable. pkag.ca