The Home, Pension Savings, and Risk Aversion: Intentions of the Defined Contribution Pension Plan Participants of a London-based Investment Bank at the Peak of the Bubble.
In the lead-up to the peak of the financial bubble (and before the onset of the global financial crisis), UK newspapers regularly touted property as a ready-made alternative to private pensions. In this paper we explore the importance of the property in which respondents live for their retirement savings strategies. Based upon a unique survey of over 2,400 participants in the defined contribution pension scheme of a London-based international bank, we assess the statistical significance of re...Expand abstract
- School of Geography and Environment (University of Oxford)
- Working Papers in Employment, Work and Finance
- Publication date:
- Local pid:
- Deposit date:
- Copyright date: