aspects of financial literacy-i.e., budgeting, debt, saving, investment, and insurance-were elicited from a large sample of …, but only a moderate level in relation to investment and insurance. The study findings indicate that current efforts on the … should continue and that more attention should be paid to educating Saudi citizens in relation to investment and insurance. …

returns to test the investment strategy of the SP against a balanced investment portfolio; we measure their performance across … on the pension savings portfolio and offer a higher portfolio return at a lower investment risk than the balanced … investment portfolio. We conclude that the SP might be an excellent investment alternative for pension fund members …

In order to increase personal saving and investment and to promote tax neutrality among various investment vehicles … mutual fund capital gain distributions unfairly discriminates against taxpayers seeking the investment benefits of … incur. Since mutual funds are a popular vehicle for saving and investment of middle-income households, this tax reform would …

eschew traditional portfolio management in favor of transferring some or all of their savings to an insurance company in …

retirement in a manner that is consistent with the member's personal preferences. The plan's optimal funding and investment … level of human capital over the life cycle. We also show that the optimal investment strategy during the accumulation phase … processes driving the state variables. The optimal investment strategy during the decumulation phase of the plan is to exchange …