The market for retirement financial advice
By: Olivia S. Mitchell and Kent Smetters
Series: Pension Research Council publications; Pension Research Council publications; Oxford scholarship online
Publisher: Oxford University Press
Published: 2014
Place of publication: Oxford
Language: eng
ISBN-13: 9780191763359
Subjects: Financial planners; Financial planning industry; Retirement income; Planning
Description: This volume explores the market for retirement financial advice, to explain what financial advisors do, and how to measure performance and impact. Who are these professionals and what standards must they abide by? How do they make money and what are their incentives? How can one protect clients from bad advice, and what is good advice? Does advice alone effect changes in personal habits? Answering these questions, along with new technology that will decrease the delivery costs of advice, will play a transformative role in helping more households receive the quality financial advice that they need.
Notes: Includes bibliographical references and index.

Mode of access: World Wide Web.