Financial literacy and superannuation investment decision-making in a choice environment: An exploratory study

摘要: This thesis examines superannuation fund members' level of financial literacy and its association with investment choice decisions in the setting mandatory system Australia. It also investigates a range contextual socio-demographic factors explaining choice. The empirical analysis shows that while most survey respondents displayed high levels self-rated general literacy, fewer scored as well relation to more advanced regarding options. findings this study have important implications for policy-makers industry educating engaging members.