Professor Shlomo Benartzi of the University of California is working with AXA on the issue of behavioural finance and its implications for group pensions. Given present stock market volatility, we look at investment-related issues and, in particular, changes to the investment decisions made by both employers and employees
Research recently conducted around investment related issues raises a number of fundamental questions for advisers. These include the sponsors’ tendency to be loss averse and behave in a similar wa...
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