Ireland just published ambitious plans to introduce automatic enrolment (AE) in retirement plans from 2024 onwards and since I always back AE as the single most important policy that can help people save for retirement, it’s well worth to look at the details, which are quite interesting and some came with some surprise for me.Continue reading “Ireland to introduce automatic enrolment in retirement plans”
Tag Archives: automatic enrolment
Mandatory VS voluntary enrollment in retirement plans (Croatia VS Slovenia)
We know from lots of behavioral science literature the initial decision to join a retirement saving plan is one of the hardest, as there are lots of behavioral biases working against it, from loss aversion to status quo bias and many more. But what can we do to make this decision easier? One of theContinue reading “Mandatory VS voluntary enrollment in retirement plans (Croatia VS Slovenia)”
Tax incentives for retirement saving don`t work (what does?)
Most countries, if not all, encourage saving for retirement by taxing retirement savings in private pension plans more favourably than savings in alternative vehicles. The goal is to increase how many people save for retirement and how much they save and with that enable them a better life in retirement. Most countries apply a variantContinue reading “Tax incentives for retirement saving don`t work (what does?)”
Irrational Retirement 