How can behavioural economics improve decision-making and advice at retirement?
With growing interest in behavioural economics across financial services, we look at how lessons and insights from this area can be applied to pension decumulation.
From better framing of retirement options to the countering of negative biases - kneejerk aversion to annuities, for example - how can we use behavioural thinking to deliver better customer outcomes?
Our expert panel discusses the ‘nudges’ that could make for more effective communication as clients choose their financial path at retirement.
Anthony Gore, Head of Intermediary Marketing, Just
Adrian Boulding, Chairman and Chief Innovation Officer, Spire Platform Solutions
Dr Alex Chase, Head of Product, Oxford Risk