Research showing Kiwi women are more financially literate than men suggests they could be more confident about money.

Financial Services Council statistics show 66 percent of women answered three or more literacy questions correctly, compared to 57 percent of men. 

But women saw themselves as less knowledgeable. 

EnableMe Financial Advisor Shelley Palman says literacy doesn't always translate into action - so women aren't necessarily better off. 

"This actually stems from fear - and what it does is it leads to less risk-taking." 

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