Nudges, not legislation will drive people to save more for retirement
- Written by The Conversation Contributor
Getting Australian workers to save more in order to become more self-reliant in retirement is a policy idea most people understand.
Over time there is increasing pressure on government funding of the age pension. In 2013-14, around 70% of Age Pension eligible Australians were receiving the pension, with 60% receiving the full-rate pension. At the...