SCHOLARSHIPS for women wanting to be appointed to superannuation boards will be announced by the federal government on Friday.
A $150,000 grant to the Australian Institute of Superannuation Trustees will help women with training and finding mentors, the Minister for Financial Services, Bill Shorten, said.
"I am an absolute believer in the march of women through Australia's workforce, our institutions and our boardrooms our country can only get better the more women participate at its highest levels, be it in politics, business, sports, our universities, our military," Mr Shorten said.
Women make up 21 per cent of superannuation board members compared with 13.9 per cent of all boards.
The chairwoman of Women in Super, Cate Wood, said the scholarships would assist in increasing the number of women on superannuation boards.