Member Retirement Investment Behaviour and Performance

December 10, 2016 | Author: . . . | , ,
This paper provides a preliminary analysis of performance of employee’s workplace superannuation accounts. We utilise a diverse sample of Australian workers drawn from a large national superannuation trust over a time period spanning the global financial crisis. We...

Retirement savings trajectories: An analysis of the experience of fund members. Part Two: Individual and Peer Moderation Effects on Member Investment Choice

November 2, 2016 | Author: . . . . | , ,
This paper explores the role of peers in a member’s propensity to make a change to their retirement savings investment strategy. Given that evidence indicates that the majority of individuals do not seek professional financial advice, we investigate whether workplace...

Approaching retirement: the categories, timing, and correlates of advice-seeking

April 1, 2016 | Author: . . | , ,
This chapter examines advice-seeking by defined contribution plan participants as they approach retirement, focusing upon the categories, correlates and timing of adviceseeking. Our empirical analysis utilizes a large Australian data base, identifies the drivers of...

Retirement savings trajectories: An analysis of the experience of fund members. Part One: Experience

August 30, 2015 | Author: . . . . . | , ,
This paper is the first of three examining investment strategy choice in superannuation. The focus of this first paper is descriptive, with the primary objective of documenting the level of investment choice using a large sample of members from a large, multiple...

A Longitudinal Analysis of Superannuation Outcomes: Gender Differences

May 1, 2015 | Author: . . . . . . | , ,
Since 1992, all employees in Australia have enjoyed a common condition of employment, namely an entitlement to payment of retirement savings contributions by their employer to a complying retirement savings (superannuation) fund. While this is a universal entitlement,...

The demand for advice in defined contribution pension plans

November 30, 2014 | Author: . . | , ,
We estimate the effect of stock market fluctuations on subjective wellbeing and health using Australian survey data over the period 2001-2012, which includes the Global Financial Crisis. By comparing survey respondents interviewed in the same quarter and location, we...

Understanding superannuation contribution decisions: Theory and evidence

February 28, 2014 | Author: . . | , ,
This paper provides a review of individual retirement savings decisions with a focus on the contributions or savings behaviours. In particular, the paper examines lessons learned from international retirement saving systems and the limited number of studies examining...

A Review of Retirement Savings Investment Behaviours: Theory and Evidence

June 30, 2013 | Author: . . . . . . . | , ,
This report presents an overview of the extant literature relating to retirement savings investment choices, the determinants of investment activity and switch behaviour with preliminary results from a new database of members notably drawn from the retail sector. The...