In my last post on Behavioral Finance in Retirement Planning I ended with the question ‘Are you on the bandwagon yet?’. If you are not, then may-be you are infected by the ‘procrastination’ virus that most of your consumers are infected with. One of the biggest barriers to consumers saving more for retirement is procrastination. [...]
On June 29th Allianz Global Investors announced the creation of a Behavioral Finance Center appointing Professor Shlomo Benartzi as the Chief Behavioral Economist of the Center. The press release claimed that “… the Center is an extension of Allianz Global Investors’ continued commitment to provide financial advisors, investors and plan sponsors with helpful information and [...]


