. -- Financial Advice ; Retirement Saving ; Tax Incentives ; Private Pension Plans ; Peer Effects …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 …

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 …

pension system and adequacy of retirement income. Projects 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 …

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 …

Planning for retirement is difficult, but essential for future financial security. To formally analyse the interplay … control. The resulting possibility of rational inaction in pension choices allows to generate a range of robustly observed … optimal life-cycle pattern of retirement saving. Importantly, the effects are highly heterogeneous across the income …

retirement preparedness. Our study draws on the Singapore Life Panel (SLP®), a high-frequency internet survey of people age 50 …-70, to assess how trust ties to older respondents' (1) pension plan participation and withdrawals; (2) life, health and long … studies is uncorrelated with household behaviors related to retirement preparedness. Nevertheless, trust in financial and …

Target date funds in corporate retirement plans grew from $5B in 2000 to $734B in 2018, partly because federal … regulation sanctioned these as default investments in automatic enrollment plans. We show that adopters delegated pension … investment decisions to fund managers selected by plan sponsors. Including these funds in retirement saving menus raised equity …

We develop an equilibrium theory of employer-sponsored retirement plan design using a behavioral contract theory … approach. The operation of the labor market results in retirement plans that generally cater to, rather than correct, workers …' mistakes. Our theory provides new explanations for a range of facts about retirement plan design, including the use of employer …