THE LOWDOWN: Is superannuation working for women?

The superannuation system is stacked against women because it fails to pay any attention to their working lives.

The royal commission into banking, superannuation and financial services shone a spotlight on the management fees of superannuation funds. But it did nothing to address how the scheme could work better for women.

Australian women have a distinctive work pattern over the course of their lives, one that is quite different to men’s.

The superannuation system is not serving women well.

The superannuation system is not serving women well.Credit:Michele Mossop

Whether by choice or constraint, women in Australia manage their care responsibilities with part-time work. In fact, levels of full-time work for women have not increased at all over the past 40 years, despite the surge of women entering the labour market.




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