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." 

LISTEN ABOVE

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.&nbsp;
But women saw themselves as less knowledgeable.&nbsp;
EnableMe Financial Advisor Shelley Palman says literacy doesn't always translate into action - so women aren't necessarily better off.&nbsp;
"This actually stems from fear - and what it does is it leads to less risk-taking."&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Shelley Palman: EnableMe Financial Advisor on the new research revealing women are more financially literate than men

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ffffe7aa-2df9-41b5-91f1-b29d005981ae/transcript