MoneyGirl founder Mariam Mohammed has been appointed to a newly created role of Chief Diversity Officer at wealthtech social enterprise Super Fierce.
Super Fierce is a women-focused wealthtech advice platform that compares more than 500 super funds and assists individuals through the switching process in order to save feeds and maximise returns. Its mission is to help close the gender wealth and retirement gap.
Mohammed’s appointment comes as the social enterprise looks to make super more accessible for diverse and migrant communities. Mohammed is a long-time advocate for diversity and inclusion, and experienced in improving financial literacy skills for young women.
“I was born and raised in Karachi, Pakistan, and moved to Australia at age 19, with $300 to my name – healing from gendered violence. When looking for that first job, a restaurant owner once commented, ‘I don’t want a Mohammed serving at my establishment’,” Mohammed said.
“Migrants to Australia offer a wealth of skills, knowledge, and experience. We must therefore take extra steps to give new Australians a fair go, and ensure people from all backgrounds have the tools to engage with their finances – including super – so they can live and retire with dignity.
Mohammed has previously spoken to Women’s Agenda about fleeing an abusive relationship in Pakistan, and arriving in Australia with $300 to her name. She’s now passionate about helping other young women secure their financial independence.
Mohammed said she is “pumped” to join the team at Super Fierce with a mission to close the gender super gap for all women, “not just those born on this soil”.
“I look forward to engaging with a diverse community of leaders and service providers to help make this vision a reality,” she said.
Founder and CEO of Super Fierce, Trenna Probert, said she couldn’t be more delighted to have Mohammed on board.
“The gender super gap already sees the average Australian woman retiring with 42 percent less than your average man. But this disparity jumps to 49 per cent when other factors are present, such as coming from a migrant or disadvantaged community,” Probert said.
“Australians living with disability also experience a 23 percent lower superannuation balance than they would working the same job without disability, while Aboriginal women have a median balance of exactly 50 percent of the broader Australian female population.
“This makes it even more critical that we take greater steps to offer financial literacy and accessibility in a way that is truly inclusive to people of all sorts of backgrounds and communities.
“At Super Fierce, we firmly believe that everyone can create a comfortable retirement with the right financial advice, no matter their background.”