Do Financial Advisers Influence Savings Behavior?

This report reviews evidence from the research literature about whether working with a financial adviser improves savings behavior, in general, as well as saving for long-term goals, particularly retirement. Individuals who receive professional financial advice are likely to be more financially heal...

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Detaylı Bibliyografya
Asıl Yazarlar: Burke, Jeremy, Hung, Angela A.
Materyal Türü: Online
Dil:İngilizce
Baskı/Yayın Bilgisi: RAND Corporation 2023
Konular:
Online Erişim:ONIX_20231005_9780833093875_1376
Etiketler: Etiketle
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Diğer Bilgiler
Özet:This report reviews evidence from the research literature about whether working with a financial adviser improves savings behavior, in general, as well as saving for long-term goals, particularly retirement. Individuals who receive professional financial advice are likely to be more financially healthy, but few papers address reverse causation, limiting insights into whether advisers are causing improvements in their clients’ savings behavior.