whether individuals have the financial knowledge and skills to navigate this new financial environment. To better understand … Survey. We have designed questions to measure numeracy and basic knowledge related to the working of inflation and interest … rates, as well as questions to measure more advanced financial knowledge related to financial market instruments (stocks …

Using a unique new dataset linking administrative data on investment performance and financial knowledge, we examine … most financially knowledgeable employees, and those scoring higher on our Financial Knowledge Index have slightly more … volatile portfolios while they do no better diversifying their portfolios than their peers. Overall, financial knowledge does …

wealth and investment in health. Financial literacy is also correlated with wealth though it appears to be a weaker predictor … of sensitivity to framing in investment decisions. Policymakers interested in enhancing retirement wellbeing would do …

for retirement. Many respondents display limited knowledge and understanding of public and company-provided retirement … remainder of their lifetimes, many do not possess enough basic financial knowledge to confidently make optimal choices …

, and investment fees. In view of the fact that individuals are increasingly required to take on responsibility for their … own retirement security, this lack of knowledge has serious implications …

showed that financial literacy is low among the young; fewer than one-third of young adults possess basic knowledge of …

knowledge acquired in school - before entering the labor market and certainly before starting to plan for retirement. Results … show that those with more advanced financial knowledge are those more likely to be retirement-ready …