- The October 2018 Qantas Super CSBA Retirement Confidence Index (RCI) shows that half of men (49%) compared to just 38% of women (down from 46%) are actively involved in making financial decisions to prepare for retirement.
- There is also a gender gap in confidence that superannuation and other investments could be relied on for financial well-being in retirement. A steady 38% of men felt they could rely on super and other investments, while the proportion of women fell to 26% from 30% in July 2018.
- Overall Australian adults’ confidence that they will have enough money for a comfortable retirement fell to an average of 4.9, down from 5.1 in July 2018 and 5.0 in March 2018 (see appendix for the RCI methodology).
- The research found that half of respondents did not report any impact on how they view their fund in the wake of the Royal Commission, while 21% reported a more negative view of their fund, 8% had a more positive view and 21% didn’t have a view.