Richard Deutsch

This is a game changer. For the first time, nine industry associations in the finance sector have issued a collective statement affirming their commitment to address financial abuse and domestic and family violence in our community. These organisations represent around 1,000 businesses across general and life insurance, superannuation, banks, financial markets, investments, securitisation, finance companies and fin techs. Their members provide services that are integral to the lives of every Australian. Because money gives you choices. It can be used as a weapon of #financialabuse or provide the keys to #financialfreedom. If every industry put competition aside and agreed to work together to promote #respectandprotect against abuse, we would give victim-survivors safety and a better chance of recovering and healing. And we’d send a strong signal to abusers that they need to change. It is complex. It is hard. It is working out how to unpick a system that has been built on the premise that relationships are healthy. But the first step is to acknowledge we all have a role. I’d encourage other finance sector industry associations to join these leaders. Australian Council of Superannuation Investors Association of Superannuation Funds of Australia (ASFA) Super Members Council Women in Super Stockbrokers and Investment Advisers Association Financial Planning Association (FPA) I’d encourage every member company of these industry associations to start with terms and conditions that make it clear they don’t want their products and services weaponised as a tactic of #coercivecontrol. Understand the risks and take action to prevent or lessen the harm. If you’d like to learn more, please get in touch Flequity Ventures Diane Tate Anna Bligh Brett Harper Navleen Prasad Chris Dalton Michael Lawrence Christine Cupitt Blake Briggs Mary Delahunty Misha Schubert Louise Davidson AM

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Retirement is fundamentally different to accumulation, and demands specialist management and oversight. The Conexus Institute's David Bell and Geoff Warren argue the case for a dedicated retirement committee as an effective way to quickly close any expertise gap between management and boards to help funds grapple with the complexity of delivering their retirement offerings. #TheConexusInstitute #retirement #InvestmentMagazine https://lnkd.in/gegxEx4h

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Following the release of our global workforce study, Work Reimagined 2024, we are pleased to invite you to join our upcoming webinar next Wednesday 6 November, 12.30-1.30pm AEDT, for the Oceania region. The webinar will talk through the results and examples of how others are responding to workforce challenges. Some of the headlines: ⏭️ Talent flow is foundational: 38% of employees say they’re likely to quit in the next year. The flow crosses companies and sectors. 🔀 To build “Talent Advantage” an organisation must channel flow of talent with aligned strategies for culture, total rewards and agile skills building.  ⤴️ The opportunity for most organisations is huge. Only 32% of employers have the strategic people capabilities to build a Talent Advantage connected to better productivity and business outcomes. Please join us to learn more. This session will be especially useful for organisations facing challenges in attracting, recruiting, and retaining talent. 🔗 https://lnkd.in/gqHDP4cF #HybridWork #EmployeeEngagement #Agileskills #TotalRewards #Webinar #TalentManagement Sonia Sharp Kirsty Elderton Jill Tulloch Paul Meijer Mark Brear Vicki Jamieson Matt Lovegrove

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FRIDAY TIP: In challenging and changing times Boards must continuously measure their #Risk appetite and adjust their #Risk recognition & management plan accordingly. But, remember that; Human capital risk trumps economic / financial risk !!! https://lnkd.in/gY3uE7zB

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Active Travel allows more people to travel independently (92% of people can cycle compared to only 75% who can walk). But most people won't cycle in current conditions, so how do we enable that change? Active Travel England have the answers...

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🌍 As Non-Executive Directors, it’s our responsibility to steer our organisations toward #sustainable #impact. 📊 Australian Institute of Company Directors' "Principles for Setting Climate Targets" is an essential tool for directors committed to robust governance in the era of climate change. 🫶 ✅ Setting #evidence-based #climate targets is about more than just compliance—it's about securing our organisation’s long-term success and resilience. 🔍 By ensuring we have reliable data, strong assurance processes, and clear communication, we can effectively manage climate risks while driving innovation and leadership. 🌱 📣 It’s time to take action! Let’s ensure our boards are not only prepared but are leading the charge. Download and apply these principles in your governance practices today! 📥 Check out the full resource from AICD here: #SustainableLeadership #ClimateGovernance #BoardDuties #Innovation #Sustainability #ESG #ClimateAction #CorporateResponsibility #EthicalLeadership #BoardDiversity #InclusiveDesign #5thIndustrialRevolution #Governance #Impact #Directors #NonExecutiveDirectors #Leadership #RiskManagement #LongTermValue

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This year I had the privilege of speaking to a range of senior executives and board directors at AICD on the challenge of culture governance, and some practical frameworks for capturing this complex topic. In HOW TO TALK ABOUT THE BUSINESS: What board directors should know and do about organisational culture. https://lnkd.in/gVAQ33aB

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📣 Today I join CEOs from around the state at Parliament House to advocate to the Premier & Ministers on behalf of Margaret River Business. Small businesses are facing a tsunami of challenges - inflation, rising wages, rising energy bills, housing shortages, skilled labour shortages. We will be advocating for improved support & relief measures. More broadly, we will be advocating for greater resource allocation & funding for natural areas and infrastructure. #margaretriver

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I recently listened to a fascinating interview about our ageing population between Bernard Hickey and Treasury chief economic adviser Dominick Stephens. A major takeaway for me is the big trend for New Zealanders to remain in paid work beyond 65. Dominick said 50% remain in paid work between 65-69 years, with 25% (from memory) remaining in paid work between 70 and 74 years – with this likely to increase, particularly for women who have remained connected to the workforce throughout their lives. Two reasons for this percentage being higher in New Zealand than in other countries are: ✅ New Zealand's universal superannuation (no abatements are imposed related to other income); and ✅ New Zealand's legislation protecting people's right to choose when they retire (people can't be required to retire at 65). Here's a link to the podcast.

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Navigating Facility Upgrades: Ensuring Volleyball's Place in Queenstown's Future. At Shared Services, one of the key ways we support our clients is by stepping in to fill the gaps where resources or expertise might be missing. Whether it's through event coordination, strategic planning, or advocacy, we ensure that organisations like Volleyball New Zealand affliated regional volleyball associations remain front and centre when local councils make decisions and are looking to incorporate volleyball courts into long term plans. Tonight, we had the privilege of attending a meeting hosted by the Queenstown Lakes District Council (QLDC) sport and recreation manager Simon Battrick to discuss the future of indoor courts in Queenstown. During the meeting, we were invited along with others to contribute via a working group, a crucial opportunity to ensure that volleyball's growing Queenstown community is not overlooked in these exciting developments. This is a perfect example of how we assist our clients—by actively engaging with councils, providing a voice in key discussions, and advocating for the inclusion of sports like volleyball in the planning stages of new facilities. As we work closely with our clients, our goal is to ensure that they are always front of mind when critical infrastructure decisions are made, paving the way for growth and sustainability in their communities. This is not just about providing courts; it's about building opportunities for future generations to enjoy the game and develop their skills in our communities. If you’re looking for support in advocating for your sport or organisation when facility upgrades are on the table, don’t hesitate to get in touch. Together, we can help you stay ahead and ensure that your community is always considered. #FacilityPlanning #Volleyball #CommunitySports #SharedServices #Queenstown #IndoorSports

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This is an important initiative to increase productivity in Tasmania. https://lnkd.in/gC2ynENQ

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“Activity has slowed to a standstill in both Australia and New Zealand. Although output growth should gather momentum going forward, it will remain below its pre-pandemic average”. Download these highlights from our ANZ Economic Outlook to learn more about the growth and policy outlook for Australia and New Zealand. Get the free report today. https://lnkd.in/eHwc4B9w #australiaeconomy #newzealandeconomy #anzeconomy

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Explore Australian IR law changes and the impact on businesses and employees with industry expert Ruth Hart. Listen now.

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Actuaries have a huge role to play on climate change. It was great to see the leadership, passion and energy on display that this weeks Actuaries Summit. Key highlights for me included: • The opportunity for Australia to develop holistic, integrated, transition and adaptation plans • Banks are reviewing climate risk in their mortgage portfolios and playing a key role on adaptation, resilience, and building back better • The importance of a just transition, to maintain public and political support • The need for consistent, accessible flood data, that is consistently accepted and used by all stakeholders • The focus on stopping flood exposures increasing, whilst also building resilience where necessary • It is challenging to understand the impact and cost of extreme climate events • There are complex interactions between risks, with cascading, compounding feedback loops • Adaptation responses involve tradeoffs and will be challenging to progress, given economic and social pressures As respected professionals across financial services, actuaries have an opportunity and responsibility to help drive and navigate an orderly net zero transition, for the good of society and all our businesses. #netzero #netzeroemissions #climatechange #sustainability #leadership #actuaries #allactuaries2024 Actuaries Institute

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https://lnkd.in/eNjMpdva Interesting article based on TAL research. Bottom line …spend time in crafting your plan with a trusted advisor …and factor in the non-financial elements!

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Is your Board considering introducing shareholding requirements for NEDs? Aon’s Board (NEDs) Remuneration Report brings insights on voluntary and mandatory shareholding requirements of ASX300 companies. Access the report here https://aon.io/4beFdAs. #governance #Boards #executiveremuneration #boardremuneration #executivepay #directorpay #nonexecutivedirector

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Hope for the best, but plan for the worst. As Australia gears up for a challenging economic period, I emphasise the importance for business leaders to conduct a high consequence risk health check of their organisation. This process involves identifying, eliminating, properly mitigating, or transferring high consequence risks. It's also about finding any unknown risks which could be lurking and not yet addressed. For those hesitant about investing time and resources in a risk health check, I urge you to consider the repercussions of a crisis. The financial impact of crises is a significant escalation in costs compared to a risk health check. Think 10 to 1, as the minimum. Proactive risk management can ultimately save time, resources, and prevent severe financial implications. In short, it can save your business. #RiskManagement #BusinessLeadership #EconomicChallenges

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