Personal profile
Biography
Paul Gerrans is a Professor of Finance at The University of Western Australia. Paul’s research focuses on consumer financial decision making, particularly within a retirement savings context, and the role of financial literacy in these decisions. This research has been aided by transaction databases provided by a number of large retirement savings funds. Paul teaches personal finance and financial planning and undertakes related research into financial literacy and financial advice seeking. He has an interest in all aspects of financial literacy with an emphasis on the acquisition of financial literacy by young adults (e.g. undergraduate students) and the interaction of financial literacy and cognitive decline among older adults. Paul has previously been a member of federal government retirement savings advisory bodies and a member of the MoneySmart Teaching Evaluation Steering Committee at the Australian Securities and Investments Commission. He is currently a member of the OECD/INFE Research Committee and a member of the OECD's PISA financial literacy expert group.
Roles and responsibilities
Academic Board
Funding overview
• 2013-2016: CSIRO FLAGSHIP COLLABORATION FUND - Superannuation Cluster: “Better Superannuation Outcomes” Stream $127,000
CIs: Stream Leader with Gordon Clark
• 2013: Institute of Chartered Accountants Australia $19,000
Title: Advising Self Managed Superannuation Fund Trustees - The Role of Cognitive Functioning
CIs: Gerrans, Earl and Asher
• 2016, 2015, 2014, 2013: Colonial First State $42,450
Title: Equity Preference in Australian Managed Fund Flows
CIs: Gerrans, Da Silva Rosa and Heaney
• 2012 Business School Research Development Award $11,000 Title: Ages of Investing
CIs: Gerrans and Treepongkaruna
• 2011 National Seniors Australia: Productive Ageing Centre $33915
Title: The Role of Financial Literacy and Financial Anxiety in Older Australians’ Retirement Savings Decisions
CI’s: Gerrans and Hershey
• 2009-2012 ARC Linkage Grant: Building Financial Literacy and Retirement Savings Engagement by Developing a Financial Education Programme for the Workplace. (with Clark-Murphy and Speelman)
Partners: Government Employees Superannuation Board and Western Australia Police.
• 2009 Australian Institute of Superannuation Trustees: Choice and Member Responses to the Global Financial Crisis.
Partners: AIST, six Australian superannuation funds
• 2009 AFAANZ Research Grant: Retirement Savings Strategy Choices: Style and Sophistication. (with Yap)
• 2007 Australian Institute of Aboriginal & Torres Strait Islander Studies Research Grant: Financial Literacy and Attitudes to Superannuation among Indigenous Australians.
(with Clark-Murphy and Truscott)
• 2003-2005 ECU Industry Collaborative Grant 2003-2005: The Retirement Savings Decisions of Australian Workers: A Long-Term Study of Public Sector and Industry Fund Members.
(with Clark-Murphy). Partners: UniSuper, HESTA, STA, GESB.
• 2004 Industry Funded Project ($5000): Website development by Australian superannuation funds.
(with Clark-Murphy). Partners: UniSuper and STA.
• 2002 Commissioned project: Australian Securities and Investments Commission: $4000.
Managed Fund Advertising. Partner: ASIC.
Previous positions
Susquehanna University, Visiting Positions 1995, 2007
Teaching overview
Managing your Personal Finances, Consumer Financial Products and Services, Financial Planning, Funds Management
PhD supervisions
(UWA) Zoe Callis: Individual Differences in Financial Literacy and Intelligence
(UWA): Inge Kristoffersen "Economic analysis of happiness and satisfaction: selected methodological issues and applications"
(ECU): Nurasykin Jamaludin "Individual retirement savings behaviour: Evidence from Malaysia"
Gerry Croy: "Psychological determinants of retirement savings behaviour: An application of the theory of planned behaviour"
Research
Current projects
Financial Literacy of Undergraduates;
Insurance Choices in Pension Funds, with Gordon Clark (University of Oxford);
Member Retirement Investment Behaviour and Performance, with Moulang and Feng (Monash University);
The Role of Socialisation in Acquiring Financial Literacy, with Ooi, Sneddon, Kristofferson, Preston (UWA);
Personal values and value expressive behaviour: Estimating Relationships with Quantile Correlation, with Lee and Sneddon (UWA);
Longevity risk aversion, personal values, and the allocation of assets in retirement, with Soutar and Lee (UWA);
Cognitive Decline and Financial Literacy, with Jo Earl (Macquarie);
Individual Investors and International Equity, with Dirk Baur (UWA), Elisabeth Sinnewe (QUT);
Financial Education Interventions and Personal Savings Orientation, with Hoffman (University of Adelaide);
Milestone Birthdays and Retirement Investment Behaviour, with Sirimon Treepongkaruna (UWA) and David Pitt (Macquarie); and
Pensions savings in Thailand with Professor Sirimon Treepongkaruna (UWA) and Dr Suntharee Lhaopadchan (Kasetsart University).
External positions
INFE Research Committee, Organisation for Economic Cooperation & Development OECD
PISA Financial Literacy Expert Group, Organisation for Economic Cooperation & Development OECD
Industry keywords
- Finance and Business
Research expertise keywords
- Financial Literacy
- Retirement savings
- Superannuation
Expertise related to UN Sustainable Development Goals
In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):
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SDG 8 Decent Work and Economic Growth
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SDG 10 Reduced Inequalities
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SDG 17 Partnerships for the Goals
Fingerprint
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Collaborations and top research areas from the last five years
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Great (Retirement) Expectations: A Review of Retirement Income Policy and Changes to Expected and Preferred Retirement Age of Australian Workers
Gerrans, P., Kristoffersen, I. & Earl, J. K., 2026, In: Australian Economic Review.Research output: Contribution to journal › Article › peer-review
Open Access -
Integrating career, health, and finance in a holistic retirement planning intervention for Australian older workers
Mooney, A., Earl, J., Gerrans, P., Wijeratne, C. & Mooney, C., Jan 2025, In: WORK AGING AND RETIREMENT. 11, 1, p. 28-46 19 p.Research output: Contribution to journal › Article › peer-review
7 Link opens in a new tab Citations (Scopus) -
More than objective knowledge: Exploring heterogeneity in individuals' response to a financial education initiative across multiple financial literacy domains
Gerrans, P., Hoffmann, A. O. I., McNair, S. J. & Pallant, J. I., Apr 2025, In: Pacific Basin Finance Journal. 90, p. 1-15 15 p., 102669.Research output: Contribution to journal › Article › peer-review
Open Access3 Link opens in a new tab Citations (Scopus) -
The important role of intention and financial literacy in pension plan members' retirement savings behaviors during COVID-19
Lhaopadchan, S., Gerrans, P. & Treepongkaruna, S., 23 May 2025, In: International Journal of Bank Marketing. 43, 6, p. 1295-1324 30 p.Research output: Contribution to journal › Article › peer-review
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Retirement savings behaviours and COVID-19: Evidence from Thailand
Lhaopadchan, S., Gerrans, P. & Treepongkaruna, S., Jun 2024, In: Pacific Basin Finance Journal. 85, 22 p., 102349.Research output: Contribution to journal › Article › peer-review
Open Access4 Link opens in a new tab Citations (Scopus)
Projects
- 6 Finished
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Designing a Holistic Model of Advice to Improve Retirement Planning
Earl, J. (Investigator 01), Gerrans, P. (Investigator 02), Wijeratne, C. (Investigator 03) & Lennon, J. (Investigator 04)
ARC Australian Research Council
28/07/20 → 30/11/25
Project: Research
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University Level Financial Literacy Education Interventions: Downstream Effects and a Comparison of Face-to-Face and Online Delivery Outcomes
Gerrans, P. (Investigator 01), Ooi, E. (Investigator 02) & Wright, S. (Investigator 03)
1/12/15 → 30/05/17
Project: Research
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Advising Self Managed Superannuation Fund Trustees - The Role of Cognitive Functioning
Gerrans, P. (Investigator 01)
Institute of Chartered Accountants in Australia
1/07/13 → 31/12/14
Project: Research
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Flagship - Digital Productivity & Services Flagship - Superannuation Cluster
Gerrans, P. (Investigator 01)
Commonwealth Scientific & Industrial Research Organisation
1/07/13 → 30/06/16
Project: Research
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Equity Preference in Australian Managed Fund Flows
Gerrans, P. (Investigator 01), Da Silva Rosa, R. (Investigator 02) & Heaney, R. (Investigator 03)
1/01/13 → 31/12/17
Project: Research
Prizes
Activities
- 3 Membership of committee
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Ecstra Financial Expert Advisory Panel (External organisation)
Gerrans, P. (Member)
2024 → …Activity: Memberships › Membership of committee
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G53 Financial Literacy and Personal Finance Research Network (External organisation)
Gerrans, P. (Member)
2021 → …Activity: Memberships › Membership of committee
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Super Consumers Australia Research Advisory Committee (External organisation)
Gerrans, P. (Member)
2020 → …Activity: Memberships › Membership of committee
Press/Media
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OECD Global Symposium. TV program "Your personal finance" vol.82.
25/10/18
1 item of Media coverage
Press/Media: Press / Media
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The royal commission should result not only in new regulation, but new education
Gerrans, P., Baur, D. & Ooi, E.
16/04/18
1 Media contribution
Press/Media: Press / Media
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How our peers influence our superannuation decisions
Gerrans, P., Feng, J. & Moulang, C.
3/04/18
1 Media contribution
Press/Media: Press / Media
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Why Australians don’t make extra super contributions
Gerrans, P., Bateman, H. & Feng, J.
15/04/15
1 Media contribution
Press/Media: Press / Media
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