As Canadians saving for retirement are becoming painfully aware, rates of return on investment are much lower than they … used to be. As a result, providing a given income in retirement now requires much more saving. Low returns are depressing … incomes from RRSPs and defined-contribution pension plans, and causing target-benefit pension plans to reduce their promises …

Defined-benefit (DB) pension plans have been in trouble in recent years, largely because their sponsors have tended to … underestimate their liabilities. As Canadians saving for retirement in registered retirement saving plans and defined …-contribution pension plans have begun to realize, low yields on low-risk assets require more saving to achieve a given future income. Many …

This study empirically analyses the influence of tax concessions on decisions regarding retirement savings in Austria …. We analyse real decisions on retirement savings by using qualitative data. This allows us to examine how different … retirement consists of saving discretionary income instead of the required savings premium and choosing a secure type of …

Existing evidence on the effectiveness of automatic enrolment is focused on large employers. We compare pension savings … workplace pension participation among those working for small employers by around 45 percentage points to reach 70% of targeted … employees - with most, but not all, brought in at relatively low rates of pension saving. Despite this large increase, this …

Planning for retirement and subsequent execution of the plan are difficult, but essential for financial security in old … plan into the dual-self model of impulse control. The resulting model can generate rational inaction in pension choices … accumulate lower pension wealth. The possibility of rational inaction can explain other robustly observed behaviours, such as …

The pay-as-you-go statutory pension insurance is intended to protect workers in Germany from having to rely on tax …-financed assistance in old age. However, due to the ageing of society the security level of the statutory pension insurance must decrease …. Therefore, a compulsory funded supplementary pension scheme is being discussed to prevent the number of retirees relying on …

We conduct a randomized controlled trial to understand how a web-based retirement saving calculator affects workers …' retirement-savings decisions. In both conditions, the calculator projects workers' retirement income goal. In the treatment … condition, it also projects retirement income based on defined-contribution savings, prominently displays the gap between …

of Consumer Finances (SCF), augmented by household-level estimates of defined benefit (DB) pension wealth developed by … 2018, 2019). We also create an expanded set of variables that reflect the range of pension coverage and generosity across … contributions to racial wealth gaps between white and non-white families. Differences in lifetime earnings, pension generosity, and …