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https://www.um.edu.mt/library/oar/handle/123456789/38788| Title: | An analysis in retirement planning decisions using behavioural finance theories |
| Authors: | Sacco, Sabrina |
| Keywords: | Retirement -- Malta -- Planning Finance -- Psychological aspects Pensions -- Malta |
| Issue Date: | 2018 |
| Citation: | Sacco, S. (2018). An analysis in retirement planning decisions using behavioural finance theories (Bachelor's dissertation). |
| Abstract: | Individuals in Malta are considered to be dependent on first pillar pensions for their retirement income. However, with changing demographics, this system might not be a sustainable form of retirement plan. Therefore it is beneficial to diversify the sources of income in retirement. This study aims to observe the behaviour of individuals when taking up a long term investment for their retirement. The objective of this study is to analyse whether behavioural finance theories can help individuals in making better financial decisions with regards to retirement planning. The research was conducted by online questionnaires which were distributed amongst individuals between the ages of 18 and 50. Various questions were asked according to previous experiments to outline the concepts of behavioural finance. The results gained seem to support various theories presented by Behavioural Finance. Individuals in Malta are considered to be dependent on first pillar pensions for their retirement income. However, with changing demographics, this system might not be a sustainable form of retirement plan. Therefore it is beneficial to diversify the sources of income in retirement. This study aims to observe the behaviour of individuals when taking up a long term investment for their retirement. The objective of this study is to analyse whether behavioural finance theories can help individuals in making better financial decisions with regards to retirement planning. The research was conducted by online questionnaires which were distributed amongst individuals between the ages of 18 and 50. Various questions were asked according to previous experiments to outline the concepts of behavioural finance. The results gained seem to support various theories presented by Behavioural Finance. |
| Description: | B.COM.(HONS)BANK.&FIN. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/38788 |
| Appears in Collections: | Dissertations - FacEma - 2018 Dissertations - FacEMABF - 2018 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| 18BBNK046.pdf Restricted Access | 1.14 MB | Adobe PDF | View/Open Request a copy |
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