#1 fund for weathering market ups and downs3
SuperRatings' Pension of the Year 4 years in a row4
Choose to challenge gender bias and inequality this International Women’s Day.
A challenged world is an alert world, according to the theme for this International Women’s Day (IWD), which falls on 8 March 2021.1
In aiming to help forge gender equality, the day that aims to celebrate women’s achievements and call out inequality notes that we are all responsible for our own thoughts and actions, all day, every day.
IWD says from challenge comes change, so individuals and organisations are being urged to choose to challenge on 8 March.
Challenges may range from gender pay equality, gender balance in the boardroom, a gender-balanced government, gender-balanced media coverage, a gender balance of employees and more gender balance in wealth.
Women continue to be paid less than men, according to a recent Workplace Gender Equality Agency fact sheet. In Australia, women’s full-time base salary across all industries and occupations is on average 14% less than men’s. In 2020, this meant a difference of $1,558.40 a week for women compared to $1,812.00 for men. 2
Women hold just 18.3% of CEO positions in organisations, although women comprise 39.9% of all managers with 44% of manager appointments in 2019-2020 going to women. 3
The percentage of women on ASX 200 boards is 32.4%, while two organisations in the ASX 200 at January 2021 still do not have any women on their board. 4
Women still retire with 40% less super than men. 5
Challenge yourself to consider taking five simple actions today to help you get the most out of your super and feel more in control of your future.
Simply login to Member Online or download the QSuper app. You can check how much you and your employer have contributed, fees and insurance premiums that have come out of your account, and any money you’ve rolled in from other super funds.
Lost super belongs to people whose super fund can no longer contact them or they haven't made a contribution in more than five years. Here’s how to find your lost super:
This could make a big difference to your retirement lifestyle. Deciding what is best for you will depend on your personal circumstances and you may want to seek personal financial advice to get the most from your superannuation.
Your super can include life insurance, total and permanent disability cover, and income protection cover. Everyone's insurance needs are different, so it's important to understand how much cover you have and whether it is right for your unique circumstances.
Choosing who you'd like your super to go to when you pass away can give you peace of mind that your family will have a financially secure future. Find out more about binding death benefit nominations.
Learn more about making the most of your super with our special FinFit Module on women and super.
Make smart decisions with the help of a professional financial adviser.*
Find out more
*Deciding what is best for you will depend on your personal circumstances and you may want to seek personal financial advice to get the most from your superannuation. You can find out more about financial advice options at qsuper.qld.gov.au/advice
1. International Women’s Day, International Women’s Day 2021 theme, at www.internationalwomensday.com
2. Workplace Gender Equality Agency, 17 August 2020, Fact Sheet: Australia’s Gender Pay Gap Statistics, at wgea.com.au
3. Media Release, 26 November 2020, Workplace Gender Equality Agency, Australia’s gender equality scorecard 2019-2020, at wgea.gov.au
4. Australian Institute of Company Directors, Board Diversity Statistics, 15 January 2021 at aicd.companydirectors.com.au
5. Media Release, 26 August 2020, Women in Super, Third Women’s Super Summit calls for urgent focus on women’s super, at www.womeninsuper.com.au
6. Before you consolidate your super, you should check with your other super funds about any fees or loss of insurance or other benefits.
Be careful not to lose money to cryptocurrency and investment scammers
Gender balance delivers better outcomes for all Queenslanders, Executive Director Strategy and Partnerships, Department of Child Safety, Youth and Women in Queensland, Barbara Shaw, tells QSuper.
10 simple saving measures to support your financial health.
How to get your money on track after separation or divorce.