A Financial Services Council survey has found that women on average make up only 27% of investment teams.

While progress has been made on ASX boards and committees, gender balance hasn’t reached the chair level yet, a new diversity report has found.

While there have been improvements to hiring of women in financial services, the next issue to tackle was promotion and retention as women say they have struggled to see how they can progress.

Being flexible and understanding female staff within an advisory firm can translate into a better relationship with female clients.

The Australian Council of Superannuation Investors has released data revealing women only make up 9.5% of board chair roles and 6.5% of chief executive roles across the ASX 200.

It is hard to see financial wellbeing improving in Australia unless advice's methods and diagnostic technology is 'leveled up', writes Bernard Del Rey.