The study found that women are typically less confident about contributing to super and contributing lower amounts to super compared with men.

The research found that 55 per cent of women do not make any personal contributions to super, compared to 44 per cent of men that do not make personal contributions.

Only 20 per cent of women contributed 4 per cent or more of their income to super, compared to 30 per cent of men.

Fidelity International managing director Alva Devoy said there is still a significant difference between men and women in terms of planning for retirement and contributions to super. 

“You have women less likely to plan, less actively contributing to their super and only four in 10 have a plan for retirement. If you look at that relative to men and there is a massive disparity,” said Ms Devoy. 

“You have women less likely to be contributing to super and yet women take more time out of the workforce and also live longer.”

One in three women stated that they did not have a plan for retirement in the survey, compared to 18 per cent of men. 

The research did show, however, that most women are motivated to improve their financial wellbeing, with seven in 10 highly motivated to improve their financial wellbeing.