"The widening of the gap at younger ages is particularly concerning because of compounding interest. "Analysis of the widening gap does not appear to be explained by fund choice, withdrawal, or suspension behaviour of women compared to men," she said.
Te Ara Ahunga Ora director of policy and research Dr Suzy Morrissey said the research showed some of the challenges women faced when trying to grow their KiwiSaver balances. The gap for 18-25 year olds increased 7 percent, to 23 percent and the gap for 31-35 year olds widened 8 percent, to 27 percent. The commission studied more than three million KiwiSaver members, with the research representing approximately 94 percent of the total member base.Īn age breakdown of the research participants showed the gender gap in every age group category widened, but larger gaps opened in younger age groups. The KiwiSaver gender gap increased 5 percent in a year, according to new research from the Retirement Commission. The gender gap on KiwiSaver balances has grown, with men having on average 25 percent more money in their KiwiSaver balance at the end of last year. CNN Sans ™ & © 2016 Cable News Network.The gap for 18-25 year olds increased 7 percent, to 23 percent and the gap for 31-35 year olds widened 8 percent, to 27 percent. Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN.
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The agreement was first signed in 2011 before being updated in 2022 when regulators accused Twitter of misusing account security information, including user phone numbers, for targeted advertising purposes. Zatko claimed, in a damning whistleblower disclosure predating Musk’s takeover, that Twitter suffered from deep security vulnerabilities that violated the terms of its FTC agreement. The origins of the FTC probe trace back to allegations first reported by CNN and The Washington Post and made by Twitter’s former head of security, Peiter “Mudge” Zatko, last summer.
The filing coincided with FTC Chair Lina Khan’s testimony before the House Judiciary Committee on Thursday, where panel Republicans are expected to grill Khan on her agency’s handling of the investigation. Investigators now seek to depose Musk himself, the filing said, calling for the court to intervene to stop the investigation by ending the company’s consent agreement with the FTC. The request accuses the FTC of prejudging the probe’s outcome and of pursuing a “campaign of unceasing demands” for information that allegedly only ramped up after billionaire Elon Musk acquired the social media platform in October. Twitter has asked a federal court to terminate a 2022 privacy settlement with the Federal Trade Commission that is the subject of an ongoing FTC investigation, alleging that the probe has “spiraled out of control and become tainted by bias.”
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