The persuasive power of algorithmic and crowdsourced advice

J Gunaratne, L Zalmanson, O Nov - Journal of Management …, 2018 - Taylor & Francis
Prior research has shown that both advice generated through algorithms and advice
resulting from averaging peers' input can impact users' decision-making. However, it is not …

Target-date funds and portfolio choice in 401 (k) plans

OS Mitchell, SP Utkus - Journal of Pension Economics & Finance, 2022 - cambridge.org
Target-date funds in corporate retirement plans grew from 734 billion in 2018, partly
because federal regulation sanctioned these as default investments in automatic enrollment …

Effective financial planning for retirement

DA Hershey, JM Jacobs-Lawson, JT Austin - 2012 - academic.oup.com
In industrialized nations around the world, effective financial planning for retirement has
become a cornerstone of the successful aging process. A financially secure retirement is …

Optimal asset allocation for retirement saving: Deterministic vs. time consistent adaptive strategies

PA Forsyth, KR Vetzal - Applied Mathematical Finance, 2019 - Taylor & Francis
We consider optimal asset allocation for an investor saving for retirement. The portfolio
contains a bond index and a stock index. We use multi-period criteria and explore two types …

Optimal asset allocation for outperforming a stochastic benchmark target

C Ni, Y Li, P Forsyth, R Carroll - Quantitative Finance, 2022 - Taylor & Francis
We propose a data-driven Neural Network (NN) optimization framework to determine the
optimal multi-period dynamic asset allocation strategy for outperforming a general stochastic …

[BOOK][B] The glidepath illusion: An international perspective

J Estrada - 2019 - blog.iese.edu
Target-date or lifecycle funds have been growing at a very rapid rate over the past few years
and currently are the default option in many employer-sponsored and individual retirement …

The appropriateness of default investment options in defined contribution plans: Australian evidence

AK Basu, ME Drew - Pacific-Basin Finance Journal, 2010 - Elsevier
For participants in defined contribution (DC) plans who refrain from exercising investment
choice, plan contributions are invested following the default investment option of their …

[BOOK][B] New policies for mandatory defined contribution pensions: Industrial organization models and investment products

G Impavido, E Lasagabaster - 2010 - books.google.com
Mandatory defined contribution pension markets are present in a growing number of
countries around the world. But despite their popularity, policymakers continue to struggle …

A wealth management perspective on factor premia and the value of downside protection

L Scott, S Cavaglia - Journal of Portfolio Management, 2017 - search.proquest.com
In this article, the authors show the benefits of a factor premia overlay to an intertemporal
wealth accumulation strategy that is fully invested in global equities. Their simulation results …

Life-cycle funds: Much ado about nothing?

S Graf - The European Journal of Finance, 2017 - Taylor & Francis
The core idea of life-cycle funds or target-date funds is to decrease the fund's equity
exposure and conversely increase its bond exposure towards the fund's target date. Such …