Building Financial Literacy and Retirement Savings Engagement by Developing a Financial Education Programme for the Workplace

随着人口老龄化，为了限制联邦预算的消耗，政府引入了强制性退休金；使个人对自己退休收入的很大一部分负责。雇员可以选择他们的退休基金和投资组合。这些都是复杂的决策，需要相当程度的财务知识。如果没有做出适当的决定，退休时的财富就会大大减少，从而导致对养老金的更大依赖。该项目的结果将使政府、雇主和退休基金了解金融教育在提高金融知识和退休储蓄决策方面的作用。

To limit the drain on the federal budget as the population ages government have introduced compulsory superannuation; making individuals responsible for a significant proportion of their own retirement income. Employees are able to choose both their superannuation fund and investment mix. These are complex decisions which require a significant level of financial literacy. Failure to make appropriate decisions can significantly reduce wealth at retirement leading to a greater reliance on the age pension. Results from this project will inform government, employers and superannuation funds about the role of financial education in improving financial literacy and hence retirement savings decision making.