Originally published: Super Review, 03 October 2023
With more Australians desiring digital tools to learn about their super, Otivo research has highlighted the need for financial advice to bridge the super knowledge gap.
A new report from financial advice platform Otivo, which surveyed over 1,000 participants commissioned by Pureprofile, found that Australians lack knowledge when it comes to their nest egg.
The research revealed that 3.5 million Australians (15 per cent) do not know which type of super fund they have.
Generation Z ranked highest for a lack of knowledge at 24 per cent, compared to 13 per cent of Millennials, 11 per cent of Generation X, and 14 per cent of Baby Boomers.
