Linkage Projects - Grant ID: LP190100732

Funding Activity

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Funded Activity Summary

Better communication to solve the under-saving, under-spending puzzle. This project expects to develop evidence-based communication tools that promote life-time financial security, specifically investigating the puzzling and harmful tendency of people to under-save while working and under-spend while retired. To achieve this goal, it will design and experimentally validate innovative boosts to superannuation communication including income projections and goal-setting targeted at common misconceptions and biases. It will use new structural modelling techniques to measure welfare changes. The expected outcomes are rigorous explanations for the saving-spending puzzle, and robust communication strategies for superannuation funds that will benefit workers and retirees by raising financial capability and confidence.

Funded Activity Details

Start Date: 08-2020

End Date: 12-2024

Funding Scheme: Linkage Projects

Funding Amount: $392,445.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Financial Economics | Investment and Risk Management | Applied Economics

ANZSRC Socio-Economic Objective (SEO)

Superannuation and Insurance Services |