Pension policy in the UK and US is designed on the assumption that people make informed financial decisions, consistently invest in pensions, and manage diverse portfolios.
Speaker: Dr Ariane Agunsoye (Goldsmiths University)
Deviations from this are often deemed irresponsible and irrational. However, this assumption overlooks uncontrollable factors such as caring duties, employment breaks, or income limitations. Even when individuals act as expected, unpredictable market shifts can hinder long-term planning.
Dr Ariane Agunsoye's new book redefines deviations from “rational behaviour” as logical responses to a dysfunctional system. Challenging existing theoretical discussions and policy approaches, it proposes a new perspective on rationality when it comes to financial practices and policy.
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