To meet the challenges of an ageing population, eligibility ages for state pensions have increased, early retirement … retirement has been shifted from the government, employers and pension funds to individuals and private households. Consequently …

und Beratung, insbesondere im Bereich der Altersvorsorge in Deutschland und Großbritannien. Im Beitrag wird vorgetragen …Consumer education and advice can play a vital role in raising awareness for a potential undersaving for retirement …

The purpose of this research is to analyze the influence of financial literacy and materialism on the savings decision … literacy score and materialism level, as well as the savings rate of every respondent. Through a series of regression analyses … literacy positively influences savings decision; and (iii) materialism negatively influences savings decision. Our findings …

information on three major economic outcomes, namely, retirement planning, choices pertaining individuals' labor supply, and … savings decisions. We also highlight that the lack of knowledge prevalently hits the most vulnerable individuals in the …