Platform launched to top up super while spending

17 October 2019
| By Jassmyn |
image
image image
expand image

Rewards platform, Super Rewards, has been launched to help women top up their superannuation through online spending, especially the 76% who do not work or work part-time.

The customer could nominate their super account through the platform and were rewarded for everyday online purchases.

Co-founder, Pascale Helyar-Moray, said: “The simple reality is that the superannuation system was not built for women”.

“Super Rewards will allow women to top up their super, simply by doing their normal shopping and life admin.

“It’s the first step towards providing women with a more equal footing for retirement and, for many women, could be the difference between economic freedom or financial poverty.”

Sharen Page, finance and project officer with Economic Security4Women, said Super Rewards would have an immediate impact on a system that is struggling to support its citizens.  

“Our research shows that women of all ages hold a strong fear of experiencing poverty later in life. Superannuation is critical to the economic security and long-term wellbeing of women across the country,” she said.

“Super Rewards provides an immediate way to start addressing the current super crisis; allowing women to save for their future today.”

Over 100 brands such as Woolworths, The Iconic, hardtofind, and Freedom have signed up to the platform.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 5 months ago
Kevin Gorman

Super director remuneration ...

1 year 6 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 6 months ago

Treasurer Jim Chalmers has hit back at critics of the Division 296 super tax changes, saying it shows commentators’ aversion to substantive tax reform....

14 hours 52 minutes ago

BlackRock has reduced its exposure to Australian and European equities in favour of emerging markets....

14 hours 56 minutes ago

Australia’s superannuation funds are on track to post another year of strong performance, with the median growth fund returning an estimated 9 per cent for the 2025 finan...

15 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3