Are super funds happy boys’ clubs?

Only 10 per cent of financial planners from superannuation funds are female, according to Super Review's latest salary survey.

However, the survey found financial planners from retail banks were on a more even scale with 47 per cent female, and 53 per cent male.

Just over a quarter (26 per cent) of all financial planners surveyed were female, and 74 per cent male.

Super funds also seemed to favour younger employees more with 70 per cent of planners between the ages of 26 to 36, and 30 per cent between the ages of 46 and 55, and 10 per cent who were 55 to 65.

However, no respondents fell into the 18 to 25, or the 65 and over brackets.

Retail banks had 65 per cent of planners between the ages of 18 to 45, 29 per cent between 46 and 55, three per cent between 56 and 65, and three per cent who were 65 and over.

The survey also found that super fund planners were not looking for a new job, but 33 per cent of retail bank planners were.

This fell in line with 38 per cent of retail bank planners feeling valued by their current employer, and 33 per cent unsure, and 29 per cent who were feeling valued.

In contrast, 57 per cent of super fund planners felt valued by their current employer, and 29 per cent who were unsure, and 14 per cent who did not feel valued.




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