Over the last 40 years, the range of financial products for savings and risk management has grown within a context of technological advancements and transformations to workplaces and retirement options. Yet, research has shown that savers have limited financial knowledge. Moreover, perceptions and psychological factors have been shown to play a key role in their decisionmaking process. How to ensure alignment between consumers-savers, the role of the financial sector, regulatory frameworks and public policy on retirement and savings? These questions, which have been sparsely explored within Canadian universities, are the focus of the Retirement and Savings Institute (RSI) of HEC Montréal.
Mission and objectives
The Retirement and Savings Institute aims to promote cutting-edge research at HEC Montréal, leading to a better understanding of retirement, savings and insurance issues. In order to achieve this, the Institute aims to:
- Facilitate the establishment of a critical mass of retirement and savings researchers in many disciplines;
- Support the recruitment of world-class researchers;
- Ensure the organization of international-level thematic events;
- Disseminate research findings on retirement and savings.