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180730 r ||| eng |
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|a HB822
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|a Burke, Jeremy
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|a Do financial advisers influence savings behavior?
|h Elektronische Ressource
|c Jeremy Burke, Angela A. Hung
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|a Santa Monica, Calif.
|b Rand Corporation
|c [2015]©2015, 2015
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|a iv, 23 pages
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|a Includes bibliographical references (pages 19-23)
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|a Preface -- 1. Introduction -- 2. Who receives advice? -- 3. Do advisers influence clients' savings behaviors? -- 4. Other benefits to professional financial advice -- 5. Who saves for retirement? -- 6. Impacts of workplace retirement seminars -- 7. Summary -- References
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|a Investment advisors
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|a BUSINESS & ECONOMICS / General
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|a Saving and investment
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|a Finance, Personal
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| 653 |
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|a Financial literacy
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| 700 |
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|a Hung, Angela A.
|e [author]
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7 |
|a eng
|2 ISO 639-2
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|b ZDB-39-JOA
|a JSTOR Open Access Books
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|a Research report
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|a "Prepared for the Department of Labor."
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|z 9780833093875
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|z 0833093878
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|u https://www.jstor.org/stable/10.7249/j.ctt19w72kb
|x Verlag
|3 Volltext
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|a 332.024
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|a "Financial advisers can play an important role with helping individuals make better financial decisions and improving their financial situations. In this report, the authors review evidence from the research literature about whether working with an adviser improves savings behavior, in general, as well as saving for long-term goals, particularly retirement. While much of the literature provides evidence that individuals who receive professional financial advice are more financially healthy than those who do not, few papers attempt to address the endogeneity concerns of reverse causation, limiting insights into whether advisers are causing improvements in their clients' savings behavior"--Publisher's description
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