We show that people exposed to greater pension risk are less likely to invest in risky assets. We exploit a reform that links people’s future pension benefits to their pension funds’ funding ratio…
The paper focuses on decumulation in workplace DC pension plans in different countries. It explores the pros and cons of decumulation options, both in cases where there is no (or very limited) choice…
ESG investing is a polarizing concern with respect to fiduciary duties. This article examines the why's and how's.
