top of page

Interesting Facts about Money & Women

Amanda Varidel

Women retire, on average, with around half as much in their superannuation as men

  1. 37 per cent of women report having no personal income at the age of retirement

  2. 70 per cent of pensioners are women

  3. One in five women yet to retire have no superannuation

  4. Women in Australia can expect to earn $1m less than men in their working lives. The financial impact of this is that women in Australia are 2.5 times more likely than men to live in poverty in their old age

  5. On average, women earn more in only 22 out of 433 occupations in Australia (that’s only 5%).

  6. Women are more likely to reach the highest paid roles in only 75 out of 433 occupations – around 15%.

  7. Disturbingly, the average wage gap is getting wider, growing by $3,200 between 2009 and 2013.

  8. Australia has 37 companies out of 99 financial services companies listed on the ASX with no women on their boards - that's about 40 per cent

  9. Using Financial Planning Association (FPA) membership data as a proxy for the whole profession, just over 20 per cent of Australia's financial advisers are female. Meanwhile, 23% mortgage brokers are female.

 
 
 

© 2023 by Heart Financial Advisers. Powered and secured by Wix | Financial Services Guide (FSG) | Privacy Policy 

  • Twitter
  • LinkedIn
  • Facebook

Stu Varidel AR 324007 and Your Choice Financial Planning Pty Ltd ABN 80124246877 trading as Heart Financial Advisers CAR 323623 are authorised representatives of Sentry Financial Services Pty Ltd ABN 30 113 531 034 & AFSL 286786.

Warning The information provided on this website has been provided as general advice only. We have not considered your financial circumstances, needs or objectives and you should seek the assistance of your Adviser before you make any decision regarding any products mentioned in this communication. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Heart Financial Advisers and Heart Mortgage Services nor its related entities, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information.

bottom of page