Business forum to focus on fixing finance for women

May 04, 2023 10:29 AM CEST | By AAPNEWS
 Business forum to focus on fixing finance for women
Image source: AAPNEWS

There's a push for financial institutions to create more products designed especially for women in business and tap into an under-served yet growing market.

The Fixing Finance for Women in Micro Business forum will explore new research and hear personal stories from women who faced significant barriers on Friday.

Key speakers include Commonwealth Bank Group customer advocate Angela MacMillan, Australian Small Business and Family Enterprise Ombudsman Bruce Billson, AMP Foundation general manager Nicola Stokes and Per Capita thinktank executive director Emma Dawson.

The online forum is being run by not-for-profit Global Sisters and is open to anyone working in banking, finance, superannuation or other related industries.

The organisation's founder and chief executive Mandy Richards said women in business needed sound financial advice from funding right through to retirement planning.

"Women have been, at best, under-served. At worst, they've been excluded from access or caused harm by financial products and services - based on outdated risk criteria," Ms Richards said.

"There has been a general failure to recognise and embrace the potential of micro business to secure long-term financial security.

"Fortunately now, that's changing. And we firmly believe these institutions can seize a commercial opportunity to access this rapidly growing, but largely hidden, segment of the market while also helping address some of our most serious social problems."


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (“Kalkine Media, we or us”) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalized advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Sponsored Articles