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- W2013998638 abstract "We examine the asset allocation decisions of members of three large Australian retirement savings funds. Superannuation Guarantee legislation in 1992 made Australian employees compulsory investors by requiring employers to contribute a fixed proportion of earnings to a superannuation fund on behalf of employees. A majority of these employees can choose an investment strategy for these contributions. We examine how actual investment strategy and asset allocation choices of members change with age in view of the conventional wisdom that individuals allocate less to risky assets as they age and investments theory which provides conflicting advice on the issue." @default.
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- W2013998638 date "2009-12-02" @default.
- W2013998638 modified "2023-09-25" @default.
- W2013998638 title "Asset allocation and age effects in retirement savings choices" @default.
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- W2013998638 doi "https://doi.org/10.1111/j.1467-629x.2009.00330.x" @default.
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