Previous research has demonstrated that consumers' decisions regarding supplementary pensions could be affected by some biases. Bernatzi and Thaler's experiment demonstrated that menu design can influence pension fund enrollment decisions, in that participants appear to adopt a naïve heuristic,...

This paper examines the relationship between asset managers' nationality and the Italian occupational pension funds extending the existing literature on the topic. We use a double analysis methodology, targeted at single- and multiple-managers, distinguishing between Italian and/or foreign...

If forced to choose a supplementary pension fund, people will decide not to decide, accepting decisions made for them by others (default bias), reaching a status quo position. This study analyses whether the status quo position achieved via the default option in Italian occupational pension...

Previous researches have demonstrated that consumer decisions could be affected by some biases in the supplementary pension field. Decision-making is very often not guided by reason, and in many cases, if forced to choose, people will decide not to decide, passively accepting the decisions made...

To switch presumes two kinds of transactions carried out by the same person: on the one hand, the decision to exit an investment line (switch-out) and, on the other hand, the decision to enter into a new investment line (switch-in). What motivates the decision makers? This paper, considering a...