Promoting yourself is not boasting and empathy is not weakness. Georgie Obst, General Manager of Customer Loyalty at HESTA, reveals some life changing lessons about women in leadership.
When Georgie Obst was in Italy she felt on top of the world. Applying for the Women in Super Global Dialogue Scholarship was a spontaneous decision that changed her career.
"When I was in Italy, I believed that I could do anything," she said at a Women in Super and J.P. Morgan Women in Leadership session.
But it hasn’t always been that easy.
The long-awaited Retirement Income Review was released a few weeks ago and consists of a hefty 650 pages of analysis. It is worth noting that the review’s overarching finding is that we have a good, sustainable system. As our own research found, prior to compulsory super, two thirds of women had no super and today, that has decreased to one third. However, the report also noted the high reliance on the Age Pension and women are the majority recipients of the full Age Pension.
Despite its 650 pages, the report did not examine all factors that impact the retirement income system. Its terms of reference were specific and did not initially include gender until WIS and other organisations rallied to call out this glaring omittance. The report includes no recommendations, but we expect that it will be used to inform future retirement income policy changes and measures.
The combination of under-investment in social housing, structural gender inequality and the COVID-19 pandemic is making for a perfect storm bearing down on Australian women, who now make up two-thirds of the nation’s homeless population.
That was the stark warning from Women in Super’s National Roadshow, held virtually for the first time in mid-November.
Focusing on the housing crisis facing Australian women, the event highlighted the herculean effort that must be made if hundreds of thousands of women either homeless or at risk of becoming so can live, long-term, in safety and security. Investment in affordable and social housing needs to be turbo-charged to meet the ever-growing need.
Aware Super’s Jacki Ellis is carving out an impressive career in the financial services industry. The 2020 ASI Investment Rising Star Award winner talks about what drives her and how she has broken down gender barriers.
Aware Super’s Jacki Ellis remembers what it was like being an investment consultant presenting to invariably all male investment committees – and have people assume her junior male colleague was in charge.
Thankfully, the situation is changing with mentors and role models playing a crucial role inspiring a new generation towards greater gender diversity.
It’s time to showcase the next generation of women taking leadership roles as the nature of work evolves, according to Women in Super’s Sandra Buckley and J.P. Morgan’s Nadia Schiavon.
The passing of Susan Ryan sees the loss of a passionate champion of a dignified retirement for all. The first woman to hold a Cabinet post in a Labor government was also the former chief executive of ASFA, the president of AIST, founding member of ACSI and later Australia’s first Age Discrimination Commissioner. She was one of the minds behind the modern superannuation system, and was an advocate for women, known for her commitment to improving women’s retirement outcomes. We continue to remember and honour the work she did.
Chaired by John Gregory (J.P. Morgan) and featuring Jo Townsend (CEO, Funds SA), Julie Lander (CEO, Care Super) and Sandra Buckley (WIS CEO) we were pleased to host a session once again at ASI 2020.
The panellists shared great insights and practical tips on the current work being done in the industry to increase the number of women currently working within investment management. Engaging with recruitment agencies, being clear about the skills required (as opposed to qualifications or number of years’ experience), developing a pipeline, supporting entry level graduates and developing management and leadership skills are all practical areas to focus on if we wish to improve the representation of women in investment management.
The Third Women in Super ‘Super Summit’ concluded on Monday. Over three days we had six sessions that provided a wealth of insights contributed by a wide range of expert contributors on the topic of how we improve retirement outcomes for women. With one third of women retiring into poverty and women retiring on average with 40% less super than men, many of the themes and insights were not new and there have been no positive changes since the last two Summits that address the structural inequalities within the super, social and economic systems that lead to poorer retirement outcomes for women.
COVID-normal life is anything but normal. Our digital world has expanded, filling the gaps in a physically distanced world. People are working from home as much as they are living where they work.
Living through a pandemic has become an unplanned social experiment with repercussions for our physical health, mental wellbeing and productivity. But the growing list of digital dilemmas also leads to new opportunities.
"We've got to have a cultural reframe," Dr Kristy Goodwin said during a recent Women in Super and J.P. Morgan partnered event about how COVID-19 is leading to new digital approaches to work and culture.
As much as we're all sick of hearing about it, COVID-19 has exposed many gaps in the way we balance our work and life, and we have an extremely unique opportunity to wipe the slate clean and start again.
It will come as no surprise to most of us that there is no bouncing back to the ways we used to work and live, and instead we have to start thinking about bouncing forward. But what exactly does that look like?