Title: Financial Literacy: Implications for Retirement Security and the Financial Marketplace
Abstract: As financial markets become increasingly complex and integrated, individuals and their families are increasingly faced with making highly sophisticated and all-too-often irreversible economic decisions. Nowhere is this more evident than with regard to retirement decision-making: a half-century ago, traditional defined benefit pension schemes were the norm in the United States, Japan, Australia and much of Europe, but these have now been largely replaced with defined contribution pensions. In the process, employer and government judgment regarding how much to save and where to invest has been r ... More
Publication Year: 2011
Publication Date: 2011-10-27
Language: en
Type: book
Indexed In: ['crossref']
Access and Citation
Cited By Count: 257
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot