Financial decision making and retirement security in an aging world / edited by Olivia S. Mitchell, P. Brett Hammond, and Stephen P. Utkus.

Format:

Book

Contributor:

Mitchell, Olivia S., editor.

Hammond, P. Brett, editor.

Utkus, Stephen P. (Stephen Peter), editor.

Language:

English

Subjects (All):

Older people--Finance, Personal.

Older people.

Older people--Economic conditions.

Retirement income.

Financial security.

Pensioni di vecchiaia--Pianificazione.

Local Subjects:

Pensioni di vecchiaia--Pianificazione.

Physical Description:

xviii, 230 pages : illustrations ; 24 cm

Edition:

First edition.

Place of Publication:

Oxford, United Kingdom : Oxford University Press, 2017.

Summary:

As the world's population lives longer, it will become increasingly important for plan sponsors, retirement advisors, regulators, and financial firms to focus closely on how older persons fare in the face of rising difficulties with cognition and financial management. This book offers state-of-the-art research and recommendations on how to evaluate when older persons need financial advice, help them make better financial decisions, and to identify policy options for handling these individual and social challenges efficiently and fairly. This latest volume in the Pension Research Council series draws lessons from theory and practice, and will be of interest to employees and retirees, consumers and researchers, and financial institutions working to design better retirement plan offerings. Book jacket.

Contents:

Aging and competence in decision making / Wändi Bruine de Bruin

Challenges for financial decision making at older ages / Keith Jacks Gamble

Retirement and cognitive functioning : international evidence / Raquel Fonseca, Arie Kapteyn, and Gema Zamarro

Choosing a financial advisor : when and how to delegate? / Hugh Hoikwang Kim, Raimond Maurer, and Olivia S.Mitchell

Advice in defined contribution plans / Gordon L. Clark, Maurizio Fiaschetti, and Peter Tufano

Seven life priorities in retirement / Surya Kolluri and Cynthia Hutchins

Worker choices about payouts in public pensions / Robert L. Clark and Janet Raye Cowell

Aging and exploitation : how should the financial service industry respond? / Marguerite DeLiema and Martha Deevy

Understanding and combating investment fraud / Christine N. Kieffer and Gary R. Mottola.

Notes:

"Pension Research Council/Oxford University Press series."--Page v.

Includes bibliographical references and index.

ISBN:

9780198808039

0198808038

OCLC:

983824637