Adviser Voice

“We are delighted to welcome Hannah Krijnen to our firm. Her appointment will further augment our capabilities in the area of qualitative research and the exploration and understanding of cultural influences on consumers’ motivations and decision making,” Fifth Dimension Consulting, CEO, Lyndall Spooner said.

Key points Progress to gender equality stalled in the June quarter of 2024 with the FWX slipping by 0.2 points to 77.5 points out of a score of 100. A record improvement for the Gender Pay Gap and a steady result for ASX 200 Board Leadership helped to offset much of the weakness in Employment and the Underemployment Rate. Overall, the Index is tracking 2 points higher for the year to date and shows a long-term trend in progress towards gender financial equality.

Ms Press joins the Insignia Trustees with more than 30 years’ experience across the financial services industry, most recently as a Commissioner at ASIC between 2018 and 2023. Prior to that she was CEO at The Myer Family Company, CEO at Equipsuper and Managing Director at UBS Global Asset Management. Ms Press will replace Lindsay Smartt who, after five years with the organisation, has decided to step down.

A recent Allianz survey revealed concerning statistics, with twice as many Australian women (34%) exhibiting low financial literacy compared to men (16%). In response, Viridian Financial Group is taking proactive steps to bridge this gap with ‘Pave the Way’. Following a successful pilot program involving over 120 women, the company is now eager to expand its reach and impact, just after International Women’s Day on 8 March.

She brings a wealth of experience in marketing, fundraising, consumer research and customer service in the commercial, not-for-profit and public sectors to the Board. Franks is also Chair/CEO & Founder of Women in Aid & Development, Director of Gateway Bank, a member of Peridot Directors and convenor of the Sydney Chairs Circle. In 2020, she was awarded the Member of Order of Australia for her significant service to the community through social welfare initiatives.

Integrating preventative health discussions into financial advice and exploring the interconnected dynamics of wellbeing can enhance advisers’ relationships with their clients. This will ultimately enable clients to make informed choices that promote financial security and health simultaneously. The skin health of our nation At TAL, we care about the health of every Australian and we are always looking for new ways to help our customers live as healthy and full a life as possible.

Under the Federal Government’s proposed new tax, earnings attributable to member superannuation balances exceeding $3 million will be taxed at a higher rate. SMSF Association CEO Peter Burgess says ASFA’s claim that this tax will have a negligible impact on the farming community is highly questionable.

Small businesses in dispute with financial service providers took 3,807 complaints to the Australian Financial Complaints Authority (AFCA) in 2022-23, a rise of 9 per cent on the previous financial year. Small businesses secured $23.4 million from financial firms in compensation and refunds after coming to AFCA, up 16 per cent on $20 million the previous financial year.

Dr Kevin Hebner, managing director, global investment strategist with Epoch, said AI will be highly disruptive to labour markets overall, though it will also bring substantial efficiency gains to companies and economies. “While jobs are not going to disappear, around 60 per cent of tasks and occupations in the US will be changed materially by AI over the next two decades. We expect overall employment and real wages to rise but that will be accompanied by dramatic shifts across vocations.

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