Number of the records: 1
Are age-based life-cycle saving strategies for funded pension schemes a good option?
Title Are age-based life-cycle saving strategies for funded pension schemes a good option? Par.title Sú sporivé stratégie založené na veku vhodným riešením pre kapitalizačné dôchodkové schémy? Author info Ján Šebo, Daniela Danková, Ivan Králik Author Šebo Ján 1978- (34%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja
Co-authors Danková Daniela 1994- (33%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja
Králik Ivan 1992- (33%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja
Source document Ekonomické rozhľady : vedecký časopis Ekonomickej univerzity v Bratislave : scientific journal of the University of Economics Bratislava. Roč. 50, č. 1 (2021), s. 5-22. - Bratislava : Ekonomická univerzita, 2021 Keywords výkonnosť - performance adekvátnosť - primeranosť - adequacy sporivé dôchodkové schémy Form. Descr. články - journal articles Language English Country Slovak Republic Annotation Searching for the optimal saving strategy is often limited to life-cycle strategies, where only the age of a saver is considered for setting the allocation profile between equities and bonds. Our article contributes to the debate by looking at the performance and adequacy risks arising from applying age-based saving strategies for savers in funded pension schemes. Using the resampling simulation technique, we compare the fixed and age-based strategies from the point of performance, maximum draw-down occurring during the saving horizon and adequacy risk arising from applied saving strategy. We conclude that age-based life-cycle saving strategies, where the remaining saving horizon is the only factor defining the allocation profile is not the optimal saving strategy and other factor should be considered as well when searching for optimal predefined saving strategy. URL Link na plný text Public work category ADF No. of Archival Copy 49621 Catal.org. BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici Database xpca - PUBLIKAČNÁ ČINNOSŤ References PERIODIKÁ-Súborný záznam periodika article
Number of the records: 1