Website
http://dataportal.arc.gov.au/NCGP/API/grants/DP1093842
Funding Status
Closed
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Funded Activity Summary
The paradox of choice: Unravelling complex superannuation decisions. Australia has been a world-leader in retirement savings policy, but there remains a pervasive lack of understanding about how best to communicate complex financial information to decision-makers, along with a push by government for clearer disclosure and greater financial literacy. This project will inform regulators and the superannuation industry on how choices are made and how to present clearer, better-designed information to be understood by ordinary participants, thus encouraging active, well-informed participation rather than passive 'default' decisions. More efficient investment and benefit choices will improve the economic welfare of retirees, reduce the burden on the working-age population and improve fiscal sustainability.Funded Activity Details
Start Date: 2010
End Date: 12-2016
Funding Scheme: Discovery Projects
Funding Amount: $960,000.00
Funder: Australian Research Council
Research Topics
ANZSRC Field of Research (FoR)
Finance Economics | Marketing And Market Research | Panel Data Analysis | Econometrics
ANZSRC Socio-Economic Objective (SEO)
Finance and investment services | Fiscal policy | Marketing |
