Im Bundestag wird ein Gesetzentwurf der Bundesregierung zur Reform der staatlich geförderten privaten Altersvorsorge ("Riester-Rente") diskutiert. Der Policy Brief analysiert die Vorschläge zur Änderung der Förderung durch Zulagen und Sonderausgabenabzug. Im Ergebnis fällt der bisherige...

Im Bundestag wird ein Gesetzentwurf der Bundesregierung zur Reform der staatlich geförderten privaten Altersvorsorge ("Riester-Rente") diskutiert. Der Policy Brief analysiert die Vorschläge zur Änderung der Förderung durch Zulagen und Sonderausgabenabzug. Im Ergebnis fällt der bisherige...

Despite automatic enrolment in work pension schemes, private saving for pensions in the UK is relatively low, with most people under-pensioned in later life and reliant on the state pension. In this book, Hayley James shows that equally significant is that women save far less for old age than...

Deutschland steht bei der Altersvorsorge vor großen Herausforderungen. Mit dem Renteneintritt der "Babyboomer" sinkt die Zahl der Erwerbstätigen, während die Zahl der Rentenbeziehenden steigt. Das belastet das Umlagesystem der Gesetzlichen Rentenversicherung und führt zu steigenden...

The Pan-European Personal Pension Product (PEPP) is a strategic initiative of the European Union (EU) aimed at creating a harmonized, portable pension savings framework that addresses the challenges of population aging, increased labor mobility, and the widening pension gap across Member States....

This study evaluates the long-term financial outcomes of Roth and traditional IRAs, with their different tax advantages. Global applicability to countries with similar types of retirement plans is emphasized. A full factorial simulation assessed 54 unique combinations of IRA type, investment...

A large share of the global workforce lacks access to employer-sponsored retirement plans. In Colombia, where labor informality is high, the government introduced the Beneficios Económicos Periódicos (BEPS) program to promote voluntary retirement savings. However, many enrollees fail to...

We show that life insurers have increased their lending in the private placement market over the past decade, totaling $849 billion, or 14%, on life insurers' balance sheets in 2024. A substantial part of the growth stems from private credit extension to financial borrowers and to privately...

We examine the causal effect of education on financial outcomes related to stock markets and retirement savings, leveraging a major compulsory school reform and a unique data set covering the universe of investors in Türkiye. The estimates show no effects on participation rates, portfolio...

Using two data sets (a Prudential Financial Wellness Survey and the Health and Retirement Study), this study demonstrates that although there is generally a natural upward trend for older (age 50+) Americans to progressively delay their expected retirement age, this trend has no statistically...

In this study, we examine the impact of financial and pension ignorance (information avoidance) on the decision- making process for long-term savings. We define the concept of pension ignorance, as active avoidance of retirement information, failure to make decisions regarding retirement...

Retirement intentions depend on a number of different factors. The aim of this paper is to assess the impact of personal characteristics on the willingness to retire as soon as possible among older workers in Poland. The data were collected through a CAWI survey conducted in 2021 among a...

Because of demographic and fiscal challenges, supplementary pensions are becoming increasingly important to ensure adequate retirement income for EU citizens. In this context, the EU has set minimum requirements for supplementary pensions provided by institutions for occupational retirement...

Because of demographic and fiscal challenges, supplementary pensions are becoming increasingly important to ensure adequate retirement income for EU citizens. In this context, the EU has set minimum requirements for supplementary pensions provided by institutions for occupational retirement...

Hospitals were among the wealthiest organizations in medieval cities. Their directors managed portfolios consisting of real estate and financial instruments; as a result, they also handled large quantities of money. It has been suggested that they used these to provide a variety of financial...

Low- and middle-income countries are aging rapidly but stagnation of growth in participation in pension programs, due to widespread informal employment, presents a major fiscal challenge. Some claim that improving the design of pension program rules can encourage more pension contributions,...

A large share of the global workforce lacks access to employer-sponsored retirement plans. In Colombia, where labor informality is high, the government introduced the Beneficios Economicos Periodicos (BEPS) program to promote voluntary retirement savings. However, many enrollees fail to...

This study examines regional disparities in the factors that affect participation in the Private Pension System (PPS) in Türkiye, focusing on sociodemographic characteristics, personality traits and behavior, and pension and financial literacy. The behavioral factors identified encompass...