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 goals. In the treatment … condition, it also projects retirement income based on definedcontribution savings, prominently displays the gap between …

We empirically investigate the distributional consequences of the Riester scheme, the main private pension …

are obliged to enrol employees into a workplace pension scheme, which employees can then choose to leave if they wish. We … exploit the phased rollout of automatic enrolment since 2012 to estimate its effect on pension saving. As a result of … 37 percentage points, and workplace pension membership reached 88% amongst those affected by April 2015. Automatic …

pension system and adequacy of retirement income. Projections of future retirement income readiness that assume that workers …Many middle-income workers save for retirement through 401(k) plans. This study addresses the concern that low account … balances of older workers may indicate that these vehicles are not sufficient to insure adequate retirement savings. In …

Defaults have been shown to have a powerful effect on retirement saving behavior yet there is limited research on who … data on employer-sponsored retirement accounts linked to survey data, we estimate the relationship between retirement …

asset allocations in defined contribution pension plans. The optimal default is characterised as a function of the …

What is the optimal default contribution rate or default asset allocation in pension plans? Could active decision (i …

introduction of the Riester pension, which was associated with a change inthe guiding principles in social policy. With the aim of …-age pension system is organized slightly different and nudges are implemented. By conducting these analyses implications for the …

pension solutions and services. In turn, financial literacy has become a critical issue for consumers, politicians and … regulation agencies. The precise experimental examination of website regulation used to compare investment and pension products … regulatory agencies. We have undertaken a number of experimental projects on consumer decision making on pension product markets …