Identifying metrics to aid consumer choice in the income drawdown market

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General Information

Project description

Oxera and the Centre for Experimental Social Sciences (CESS) conducted a behavioural experiment on behalf of the Financial Conduct Authority (FCA) to identify the effectiveness of certain summary cost metrics in aiding consumer selection of income drawdown products

Detailed information

Final report: Is there a final report presenting the results and conclusions of this project?

Yes

Final report

See the final report

🇬🇧

United Kingdom

London

Who is behind the project?

Institution: Oxera

Team:

Project status:

Completed

Methods

Methodology: Online Experiment

Could you self-grade the strength of the evidence generated by this study?: 1

What is the project about?

Policy area(s): Economy, Finance, Savings

Topic(s): Consumption- Purchase behaviour, Decision-making

Date published:

6 December 2021

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