PLS-SEM

GSCA

PLS-SEM (reduced)

GSCA (reduced)

Measurement model

Average variance extracted (AVE)

0.293

0.332

0.348

0.391

Outer loadings of reflective indicators

Salary sacrifice

0.396

0.504

0.392

0.509

Non-concessional contributions

0.303

0.428

Dropped

Dropped

Financial advice

0.539

0.693

0.532

0.706

Seminars

0.475

0.667

0.470

0.684

Default/non-default investment options

0.837

0.545

0.857

0.580

Structural model (path coefficients)

Complexity

0.422

0.352

0.435

0.371

Uncertainty

−0.079

−0.097

−0.054

−0.076

Coefficient of determination (R2)

0.205

0.139

0.205

0.143