We offer a range of high-quality accounting, financial and business services. At Salomone Accountants, we understand that no two clients are the same. We would be delighted to meet with you to determine how you can make best use of our team and the services we provide.
January 18, 2019
It’s no secret that the median super balance for Australian women at the time of retirement is significantly lower than that of their male counterparts. The Australian Commission & Investments Commission (ASIC) have reported that men retire with about twice the amount as women. The discrepancy is reportedly even higher between Mums and Dads. Between lower wages and a higher likelihood of having an interrupted working life for women, women also tend to live longer and thus require more super to cover more years. Unfortunately, between personal finances, business financial capabilities, and governmental policies, actions to close this gap can be limited.
Where viable, private companies can consider: