The Australian Taxation Office (ATO) is encouraging women to think more about their superannuation.
Speaking at the Women’s Super Summit, Assistant Commissioner at the ATO, Megan Yong said many women were experiencing a retirement savings shortfall.
“It’s never too late for women to start learning about all sorts of practical things they can do to make a difference to their super over time,” Ms Yong said.
“It’s something we do need to look at. On average, Australian women currently retire with super account balances of just $112,600.”
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