Incentivising pension saving (WP109)
This Working Paper looks at 'behavioural' savings incentives.
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Working Paper No. 109
By Rob Hardcastle
This Working Paper looks at ‘behavioural’ savings incentives:
- how these compare with ‘traditional’ economic incentives
- available evidence, from the US and elsewhere, on the factors that might impinge on their successful implementation.
This analysis suggests that success is by no means a foregone conclusion, and that careful planning and understanding of the characteristics, attitudes and behaviour of those the policies are trying to influence are essential.