Behavioural Insights: Key Concepts, Applications and Regulatory Considerations
Behavioural insights use psychology, economic and other research to examine how consumers are often neither deliberate, nor rational in their decisions in the way that traditional models, strategies and policies assume. This report by the OSC Investor Office looks at how leading practitioners and regulators are using behavioural insights to address issues in capital markets and improve outcomes for investors and market participants.
Retirement Readiness: Canadians 50+
Findings from a new study, Retirement Readiness: Canadian 50+, commissioned by the Investor Office of the OSC reveal that over half of Canadians do not have a plan for retirement savings, reinforcing the key findings of a study done a year ago.
Financial Life Stages of Older Canadians
If older Canadians could take what they know now about the financial realities of retirement and apply that knowledge earlier in life, what would they do? A new study commissioned by the Ontario Securities Commission (OSC) provides some of those insights and more.
Insights on Canadians and online investor education
Canadians across the generations all have one thing in common when it comes to money, according to new research from Investor Education Fund (IEF). As the financial priorities of Canadians change over a lifetime, so do the sources of their investing angst.
2013 Home Equity as a Source of Retirement Income survey
Two out of 10 Canadian households (aged 50 and over) have no idea how much they have saved for retirement – and half of all respondents believe they will exhaust their retirement savings within the first 10 years after they leave the workforce.
2012 Benchmarking Financial Knowledge survey
Financial literacy is slowly improving in Ontario, but not enough, reveals IEF’s 2012 benchmark survey of financial knowledge. Only 36 per cent of Ontarians achieve a passing grade on their ability to apply basic financial concepts, up from 29 per cent in 2010.
Investor knowledge: A study of financial literacy in Ontario
How much do people in Ontario know about money and investing? That was the big question Investor Education Fund tackled recently. In October 2010, IEF conducted a financial literacy survey of 1,000 people across the province. The survey included more than 20 questions about investing, borrowing and financial planning.
Ontarians not planning for their financial future.
According to a study from the Investor Education Fund, a significant portion of Ontarians don't have a road map for their financial future. The study shows that nearly one half (46%) of Ontario adults have never had a financial plan to save for retirement. In addition, 58% of parents don't have a plan to save for their children's education.