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Author Burke, Jeremy, 1979-

Title Do financial advisers influence savings behavior? / Jeremy Burke, Angela A. Hung.

Publication Info. Santa Monica, Calif. : Rand Corporation, [2015]
2015

Copies

Location Call No. OPAC Message Status
 Axe JSTOR Open Ebooks  Electronic Book    ---  Available
Description 1 online resource (iv, 23 pages).
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Series Research report ; RR-1289-DOL
Research report (Rand Corporation) ; RR-1289-DOL.
Note "Prepared for the Department of Labor."
Bibliography Includes bibliographical references (pages 19-23).
Contents 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.
Summary "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.
Note Online resource; title from PDF title page (RAND, viewed March 2, 2016).
Subject Saving and investment.
Finance, Personal.
Financial literacy.
Investment advisors.
BUSINESS & ECONOMICS -- General.
Finance, Personal. (OCoLC)fst00924449
Financial literacy. (OCoLC)fst01743054
Investment advisors. (OCoLC)fst00978168
Saving and investment. (OCoLC)fst01105959
Genre/Form Electronic books.
Electronic books.
Added Author Hung, Angela A., author.
Labor and Population Program, publisher, issuing body.
ISBN 0833093878 (electronic bk.)
9780833093875 (electronic bk.)

 
    
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