Pessimism about Survival Can Help Explain Why So Many Don’t Buy Annuities
Pension Research Council Blog
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11M ago
People believing they will live longer are more likely to buy annuities, so educating near-retirees about chances of surviving to older ages could help motivate annuitization, report researchers Karolos Arapakis and Gal Wettstein of the Center for Retirement Research at Boston College ..read more
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The Future of Retirement
Pension Research Council Blog
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11M ago
Workplace changes, economic shifts, technological advances, evolving family dynamics, and the aging population are among the megatrends reshaping work, retirement, and financial security, explains Anna Rappaport of the Society of Actuaries, via the RetireSecure blog ..read more
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Facilitating a Multigenerational Workforce
Pension Research Council Blog
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1y ago
New OECD report proposes new HR policies to benefit and retain experienced workers, cutting employer costs and helping manage challenges of multigenerational workplaces, finds Boston College Professor Joseph F. Quinn. Via RetireSecure Blog ..read more
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Pension Pooling and the Randomness of Age
Pension Research Council Blog
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1y ago
Should chronological or biological (risk-adjusted) age drive retirement claiming? Longevity research suggests the latter, per Prof. Moshe A. Milevsky of York University, via RetireSecure blog ..read more
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High School Financial Education and Downstream Financial Behaviors: What Does the Research Say?
Pension Research Council Blog
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1y ago
Requiring high school financial education affects near-term behaviors for young adults entering financial independence yet has little effect on long-term savings and investing, explain Profs. Carly Urban of Montana State University and Melody Harvey of University of Wisconsin-Madison, via RetireSecure Blog ..read more
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What Does Longevity Awareness Do To Retirement Planning?
Pension Research Council Blog
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1y ago
Understanding life expectancy and longevity risk improves retirement related decision making including how people save, invest, and decumulate assets to avoid running out of money in old age find Profs. Abigail Hurwitz and Orly Sade of The Hebrew University of Jerusalem, and Olivia S. Mitchell of Wharton via RetireSecure blog ..read more
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Why the COVID-19 Pandemic Will Depress Retirement Saving and Income Outcomes
Pension Research Council Blog
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2y ago
The COVID-19 pandemic will likely have longer-term economic effects, as people fearing financial fragility are less likely to save more for retirement or to annuitize their retirement savings: new research from Abigail Hurwitz, Olivia S. Mitchell, and Orly Sade ..read more
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How Environmental, Social, and Governance (ESG) Criteria Have Evolved for Pension Investors
Pension Research Council Blog
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2y ago
Environmental, social, and governance (ESG) considerations in institutional investing have evolved over the past decades. Wharton Prof. Olivia S. Mitchell and Shankar Parameshwaran look at the ESG topics raised at the recent PRC Symposium ..read more
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Can Pension Funds Integrate Environmental, Social, and Governance Principles?
Pension Research Council Blog
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2y ago
If pension funds are to incorporate ESG principles in their investment decisions, they must consider several risks and challenges. Wharton Prof. Olivia S. Mitchell and Shankar Parameshwaran provide takeaways from the PRC 2021 Symposium ..read more
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