Interested in sustainable investing? From historical roots to future trends, our new book Pension Funds and Sustainable Investment: Challenges and Opportunities, edited by Profs P. Brett Hammond, Raimond Maurer, and Olivia S. Mitchell, offers a comprehensive view of environmental, social, and governance criteria in pension fund investing. This volume delves into ethical/financial considerations as well as potential risks and rewards of ESG integration in pension funds. …Read More
Our newest volume Pension Funds and Sustainable Investment: Challenges and Opportunities is now available open access via Oxford University Press.…Read More
Health Savings Accounts (HSA) have grown over the past 16 years, providing retirees with added financial security, explain Nevenka Vrdoljak and Susan Feng of Bank of America. Via RetireSecure blog.…Read More
Though IRAs can provide great investment options and sophisticated advice for retirees, many may benefit from remaining in company 401(k) plans after leaving their jobs, explains Catherine Reilly, retirement and investment expert, via RetireSecure blog.…Read More
Taxing 401(k) contributions versus payouts will alter saving, investment, consumption, & Social Security claiming. But there’s little rationale for policymakers to favor taxing pension contributions versus pension payouts, on egalitarian or revenue-enhancing grounds. Research by Vanya Horneff and Raimond Maurer of Goethe-Universität Frankfurt, and Olivia S. Mitchell of The Wharton School via Journal of Pension Economics & Finance.…Read More
Wharton Professor Olivia S. Mitchell dubious that pension funds should move massively into private equity investments, via Chief Investment Officer. [Registration required]…Read More
Andrew Yang says boosting financial literacy requires giving people money to invest. But Profs. Olivia S. Mitchell of Wharton and Annamaria Lusardi of George Washington University say young people need more than just playing a ‘stock market game’ (see their study). Via Yahoo News.…Read More
Treasury Inflation Protection Securities better protect against inflation than stocks, says Wharton Prof. Olivia S. Mitchell in “Best Investment Apps for 2020” via CreditDonkey.…Read More
Now that I’m retired, I’m finding that my wife and I are engaging in different financial conversations with our advisors than we did earlier in life. I believe that this new perspective should drive how a successful advisor talks to us, as well as many other older couples and individuals.…Read More
Brokers, financial advice providers, and many others need to test peoples’ ability to manage their money. Nevertheless, there are some who debate such tests arguing that they aren’t useful for predicting behavior. But our work has confirmed that there actually IS a short and very effective diagnostic financial literacy test that can be used to measure financial know-how and predict behavior.…Read More
