The persuasive power of algorithmic and crowdsourced advice
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 …
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 …
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 …
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 …
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
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 …
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 …
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 …
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 …
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 …
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 …
exposure and conversely increase its bond exposure towards the fund's target date. Such …