Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/30498
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dc.contributor.authorRobinson, Jennyen_UK
dc.contributor.authorComerford, David Aen_UK
dc.date.accessioned2019-12-06T01:00:20Z-
dc.date.available2019-12-06T01:00:20Z-
dc.date.issued2020-07en_UK
dc.identifier.urihttp://hdl.handle.net/1893/30498-
dc.description.abstractState-run pensions advice websites in the UK and the US recommend considering how long the pension needs to last and offer a life expectancy calculator for this purpose. Theories make conflicting predictions regarding the effect on annuities preference of following this recommendation. We asked a quota sample of over 2,000 UK residents to choose between an annuity or cashing out their pension. Immediately prior to choice, a random subset of participants were asked how long their retirement will last; others were asked what age they will live to; others were asked what age they will die by; and a control group was not asked to consider how long the pension needs to last. Asking about life expectancy reduced preference for annuities relative to the control condition. This research suggests that the reference to life expectancy on the UK’s pension advice website exacerbates underannuitization.en_UK
dc.language.isoenen_UK
dc.publisherWileyen_UK
dc.relationRobinson J & Comerford DA (2020) The Effect on Annuities Preference of Prompts to Consider Life Expectancy: Evidence from a UK Quota Sample. Economica, 87 (347), pp. 747-762. https://doi.org/10.1111/ecca.12326en_UK
dc.rightsThis item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. This is the peer reviewed version of the following article: Robinson, J. and Comerford, D.A. (2020), The Effect on Annuities Preference of Prompts to Consider Life Expectancy: Evidence from a UK Quota Sample. Economica, 87: 747-762, which has been published in final form at https://doi.org/10.1111/ecca.12326. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for self-archiving.en_UK
dc.titleThe Effect on Annuities Preference of Prompts to Consider Life Expectancy: Evidence from a UK Quota Sampleen_UK
dc.typeJournal Articleen_UK
dc.rights.embargodate2021-11-25en_UK
dc.rights.embargoreason[Robinson and Comerford for publication.pdf] Publisher requires embargo of 24 months after formal publication.en_UK
dc.identifier.doi10.1111/ecca.12326en_UK
dc.citation.jtitleEconomicaen_UK
dc.citation.issn1468-0335en_UK
dc.citation.issn0013-0427en_UK
dc.citation.volume87en_UK
dc.citation.issue347en_UK
dc.citation.spage747en_UK
dc.citation.epage762en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusAM - Accepted Manuscripten_UK
dc.author.emaildavid.comerford@stir.ac.uken_UK
dc.citation.date24/11/2019en_UK
dc.contributor.affiliationIrrational Insights Ltden_UK
dc.contributor.affiliationEconomicsen_UK
dc.identifier.isiWOS:000498291000001en_UK
dc.identifier.scopusid2-s2.0-85075416796en_UK
dc.identifier.wtid1489585en_UK
dc.contributor.orcid0000-0003-2611-9504en_UK
dc.date.accepted2019-10-15en_UK
dcterms.dateAccepted2019-10-15en_UK
dc.date.filedepositdate2019-12-05en_UK
rioxxterms.apcnot requireden_UK
rioxxterms.typeJournal Article/Reviewen_UK
rioxxterms.versionAMen_UK
local.rioxx.authorRobinson, Jenny|en_UK
local.rioxx.authorComerford, David A|0000-0003-2611-9504en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate2021-11-25en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/under-embargo-all-rights-reserved||2021-11-24en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/all-rights-reserved|2021-11-25|en_UK
local.rioxx.filenameRobinson and Comerford for publication.pdfen_UK
local.rioxx.filecount1en_UK
local.rioxx.source1468-0335en_UK
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