By Nanying Lin, Oscar Gilbert & Tianxiang Chu Textbook finance theories indicate that investors demand risk premia from risky assets as compensation for risk and for hedging against future unfavorable economic states. We design a comprehensive study to examine whether investment advice generated by artificial intelligence (AI) reflects a coherent risk–return pattern in investment decision-making. […]

By Fabian Kindermann, Carla Krolage, Sebastian Kunz, Manuel Pannier & Karoline Ströhlein This paper provides causal evidence on how pension income affects labor supply after retirement. We exploit the introduction of the German Earned Income Pension Credit (Grundrente), which permanently increased pension income for retirees with long contribution histories and comparatively low lifetime earnings. The […]

By David Mhlanga This paper delves into the critical intersection of ageing and the rapidly evolving field of artificial intelligence (AI). This exploration is anchored in the recognition of the unique potential that AI holds for enhancing the lives of seniors, while also acknowledging the complex ethical and practical challenges that accompany its adoption in […]

The commission’s recommendations are, for now, political proposals. Concrete implementation—such as through legislative procedures—is still pending. Nevertheless, the proposed key points are notable because they may affect typical human resources and compensation structures—and because the federal government has sent a clear signal that it intends to implement all proposals. At the heart of a potential […]

Sixteen municipalities took money out of their workers’ salaries for pension contributions, and did not pay it over to the pension funds it belonged to. The finding came out as part of National Treasury’s decision to temporarily withhold R13.5 billion in July equitable share transfers from 69 municipalities across the country, including R3.6 billion from […]

Retirement in the UK is starting to feel out of reach for many workers. Not because people do not understand the importance of pensions, nor because they are unwilling to save, but because once the bills are paid, there is little left. The Pensions Commission’s figures tell the story. Around 15 million people are estimated […]

A nondescript wooden door in Singapore’s central business district leads to an amiable concierge and a cup of warm tea. Customers at the Rekoop clinic swap their office clothes for scrubs and a pair of bedroom slippers, then are whisked through a series of wellness treatments: red light therapy, lymphatic massages, hyperbaric oxygen therapy, and […]