Pension Participants’ Attitudes, Beliefs, and Emotional Responses to the New Dutch Pension System

AbstractAs of 2022, the Dutch pension system will be overhauled. The success of this as well as other pension reforms also depends on how participants react to and accept such changes. We therefore studied participants’ attitudes, beliefs, and emotions toward the new pension system. We composed a text to inform them about the new system and qualitatively analyzed their responses. We investigated which beliefs and attitudes prevail among different age groups. The results show that many participants base their comments on previous experiences, misconceptions and (sometimes false) interpretations of the information in the text. Moreover, we find that young people are more optimistic, whilst older participants tend to feel victimized. Since the new Dutch pension rules have yet to be introduced, the results of our study contain valuable information for policymakers and pension funds who should acknowledge and address the oftentimes intense emotions, beliefs, and attitudes that influence the way that intentionally neutral information is perceived and accepted. A diversified communication strategy, mindful of different beliefs, emotions and attitudes among participants should help to empower citizens to get insight in their financial situation after retirement and to make informed choices.

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Financial Literacy Self-Evaluation of Young People in Latvia

European Integration Studies ◽

10.5755/j01.eis.1.15.28902 ◽

2021 ◽

Vol 1 (15) ◽

pp. 160-169

Author(s):

Evija Dundure ◽

Biruta Sloka

Keyword(s):

Young People ◽

Financial Literacy ◽

Pension System ◽

Pension Funds ◽

Private Pension ◽

Economic Factors ◽

Self Evaluation ◽

Level Of Knowledge ◽

The Impact ◽

Socio Economic Factors

Regular and proportionate voluntary savings in private pension funds can become an important part of oldage pensions. However, this can happen if the savings are made for a long period of time. This justifies the target group of the 3rd pension level, which are young people who have started to receive a regular income from their professional activity. One of the most discussed issues in promoting voluntary pension savings is the level of financial literacy. In addition to other motivating factors, such as financial incentives, the level of knowledge of the population about the opportunities to participate in the third pillar of pensions makes them want to build up voluntary savings. Effective communication of information to a precise target audience is one of the main tasks of government agencies in formulating pension policy. In order to assess the impact of various socio-economic factors on young people's knowledge of savings for pension formation, a survey of Latvian youth was conducted in February-March 2021, addressing youth organizations and universities. The survey is designed using closed and semi-closed questions, in several questions respondents were asked to provide ratings using the Likert scale. The survey provides answers to the question about the level of knowledge of Latvian youth about the current pension system, emphasizing the investor's right to handle investments in private pension funds, as well as the basic conditions for creating savings at the 2nd and 3rd pension levels. The task of the study was to analyze the respondents' financial literacy self-evaluation answers based on the main socio-economic factors - gender, age and income. The results of the study confirm that the level of financial literacy of young people differs according to age, gender and income level.

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Students’ Attitudes Towards Starting a Business, on the Example of Students at the University of Information Technology and Management in Rzeszów (Poland)

e-Finanse ◽

10.2478/fiqf-2018-0030 ◽

2018 ◽

Vol 14 (4) ◽

pp. 90-103

Author(s):

Karolina Palimąka ◽

Jacek Rodzinka

Keyword(s):

Information Technology ◽

Young People ◽

Family Member ◽

Economic Activity ◽

Age Groups ◽

The Cross ◽

Students Attitudes ◽

The University ◽

Starting A Business

AbstractEntrepreneurship understood as a manifestation of economic activity is an issue widely discussed in literature, especially in the field of economics. Today, a large part of society is involved in establishing and running a business, hence the shaping of entrepreneurial behaviors gains importance among all age groups, especially young people. The main objective of the conducted research was to examine the interest in starting their own business by students and to verify whether the direction of their studies or role in the group affects the students’ willingness to start a business and whether a family member runs a business influences this interest and moreover, whether capital and the idea are the two main criteria conditioning the decision.. The conclusions were based on a study, i.e. (mainly) the cross-analysis of data collected as part of a survey conducted among students of the University of Information Technology and Management in Rzeszów.

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The Emotional Nature of Birth Family Relationships for Care-experienced and Adopted Young People: A Longitudinal Perspective

Journal of Family Issues ◽

10.1177/0192513x20978439 ◽

2020 ◽

pp. 0192513X2097843

Author(s):

Montserrat Fargas-Malet ◽

Dominic McSherry

Keyword(s):

Young People ◽

Family Relationships ◽

Emotional Responses ◽

Emotional Reactions ◽

Dynamic Nature ◽

Children And Young People ◽

Adoption Research ◽

Mixed Feelings ◽

Birth Family ◽

Theory Research

Research focused on relationships and contact with birth family for children and young people who were separated from them as infants has rarely acknowledged the emotional and dynamic nature of such interactions. Curiosity has been dominant in adoption research. However, in our longitudinal study of young people who entered care at a young age, a range of other feelings and combination of feelings emerged in the youths’ narratives, including contentment and mixed feelings such as anger, affection, loss, guilt, or worry. Type of placement, that is, whether the young people had been adopted, lived with kinship foster carers or non-relative foster parents, did not determine their emotional reactions to their birth family. The young people’s perspectives and emotions often changed over time. In this article, we describe the young people’s emotional responses to birth family, and highlight implications for theory, research, and practice.

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Pension Fund Management, Investment Performance, and Herding in the Context of Regulatory Changes: New Evidence from the Polish Pension System

Risks ◽

10.3390/risks9010006 ◽

2020 ◽

Vol 9 (1) ◽

pp. 6

Author(s):

Łukasz Dopierała ◽

Magdalena Mosionek-Schweda

Keyword(s):

Pension System ◽

Pension Funds ◽

Management Style ◽

Market Model ◽

Herd Behavior ◽

Investment Performance ◽

Fund Managers ◽

Regulatory Changes ◽

Increased Risk ◽

The Impact

The aim of this paper is to assess the impact of reforms introduced in the operation of Polish open pension funds on management style, risk exposure and related investment performance. The article analyzes the impact of the reformed regulations on the herd behavior of fund managers. In particular, we examined whether the elimination of the internal benchmark for fund evaluation impacts the elimination or reduction of herd behavior. We proposed a multi-factor market model to evaluate the performance of funds investing in various types of instruments. Moreover, we used panel estimation to directly take into account the impact of the internal benchmark on herd behavior. Our results indicate that highly regulated funds may slightly outperform passive benchmarks and their unregulated competitors. In the case of Polish open pension funds, limiting investments in Treasury debt instruments clearly resulted in increased risk and volatility of returns. However, it also raised competition between funds and decreased the herd behavior. Additionally, the withdrawal of the mechanism evaluating funds based on the internal benchmark was also important in reducing herd behavior.

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Visual Attention and Aging: an Age-Related Cognitive Model of Positive Adaptation

European Journal of Investigation in Health, Psychology and Education ◽

10.3390/ejihpe4030017 ◽

2014 ◽

Vol 4 (3) ◽

pp. 181-191

Author(s):

José Manuel Rodríguez-Ferrer

Keyword(s):

Young People ◽

Visual Attention ◽

Response Times ◽

Age Groups ◽

Cognitive Model ◽

Covert Attention ◽

Positive Adaptation ◽

Healthy Elderly ◽

Age Related ◽

Healthy Young People

We have studied the effects of normal aging on visual attention. Have participated a group of 38 healthy elderly people with an average age of 67.8 years and a group of 39 healthy young people with average age of 19.2 years. In a first experiment of visual detection, response times were recorded, with and without covert attention, to the presentation of stimuli (0.5º in diameter grey circles) appearing in three eccentricities (2.15, 3.83 and 5.53° of visual field) and with three levels of contrast (6, 16 and 78%). In a second experiment of visual form discrimination circles and squares with the same features as in the previous experiment were presented, but in this case subjects only should respond to the emergence of the circles. In both age groups, the covert attention reduced response times. Compared to young people, the older group achieved better results in some aspects of attention tests and response times were reduced more in the stimuli of greater eccentricity. The data suggest that there is a mechanism of adaptation in aging, in which visual attention especially favors the perception of those stimuli more difficult to detec

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Knowledge, attitudes and intention regarding mHealth in generation Y: evidence from a population based cross sectional study in Chakaria, Bangladesh

BMJ Open ◽

10.1136/bmjopen-2017-016217 ◽

2017 ◽

Vol 7 (11) ◽

pp. e016217 ◽

Cited By ~ 4

Author(s):

M Shafiqur Rahman ◽

Syed Hanifi ◽

Fatema Khatun ◽

Mohammad Iqbal ◽

Sabrina Rasheed ◽

...

Keyword(s):

Young People ◽

Sex Education ◽

Mobile Phones ◽

Generation Y ◽

Healthcare Providers ◽

Age Groups ◽

Household Survey ◽

Population Based ◽

Cross Sectional ◽

Level Of Knowledge

Background and objectivesmHealth offers a new opportunity to ensure access to qualified healthcare providers. Therefore, to better understand its potential in Bangladesh, it is important to understand how young people use mobile phones for healthcare. Here we examine the knowledge, attitudes and intentions to use mHealth services among young population.DesignPopulation based cross sectional household survey.Setting and participantsA total of 4909 respondents, aged 18 years and above, under the Chakaria Health and Demographic Surveillance System (HDSS) area, were interviewed during the period November 2012 to April 2013.MethodsParticipants younger than 30 years of age were defined as young (or generation Y). To examine the level of knowledge about and intention towards mHealth services in generation Y compared with their older counterparts, the percentage of the respective outcome measure from a 2×2 contingency table and adjusted odds ratio (aOR), which controls for potential confounders such as mobile ownership, sex, education, occupation and socioeconomic status, were estimated. The aOR was estimated using both the Cochran–Mantel–Haenszel approach and multivariable logistic regression models controlling for confounders.ResultsGeneration Y had significantly greater access to mobile phones (50%vs40%) and better knowledge about its use for healthcare (37.8%vs27.5%;aOR 1.6 (95% CI1.3 to 2.0)). Furthermore, the level of knowledge about two existing mHealth services in generation Y was significantly higher compared with their older counterparts, with aOR values of 3.2 (95% CI 2.6 to 5.5) and 1.5 (95% CI 1.1 to 1.8), respectively. Similarly, generation Y showed significantly greater intention towards future use of mHealth services compared with their older counterparts (aOR 1.3 (95% CI 1.1 to 1.4)). The observed associations were not modified by sociodemographic factors.ConclusionThere is a greater potential for mHealth services in the future among young people compared with older age groups. However, given the low overall use of mHealth, appropriate policy measures need to be formulated to enhance availability, access, utilisation and effectiveness of mHealth services.

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Thinking about ethnicity and gender diversity in children and young people

Clinical Child Psychology and Psychiatry ◽

10.1177/1359104518805801 ◽

2018 ◽

Vol 24 (2) ◽

pp. 291-303 ◽

Cited By ~ 5

Author(s):

Nastasja M de Graaf ◽

Ilham I Manjra ◽

Anna Hames ◽

Claudia Zitz

Keyword(s):

Young People ◽

Identity Development ◽

Gender Identity ◽

Gender Diversity ◽

Age Groups ◽

Chi Square ◽

Children And Young People ◽

And Gender ◽

The Uk ◽

Ethnicity Data

Background: Little is known about how social and cultural variants interact with gender identity development. This article aims to identify the ethnicities of children and young people referred to the United Kingdom’s national Gender Identity Development Service (GIDS), and compare the ethnicity data with the UK child population and referrals to Child and Adolescent Mental Health Services (CAMHS). Methods: GIDS referrals made between April 2012 and April 2015 for children and young people were retrieved. Ethnicity data were obtained by the ‘16 + 1’ ethnicity list. Chi-square and t-tests were performed on the demographics. Results: Less than 10% of the 995 referrals at GIDS were from Black and minority ethnic (BME) groups – an underrepresentation as compared with both the national population and CAMHS figures. No significant differences in ethnic representation were found between the demographic birth-assigned sexes, across age groups, or year of referral. Conclusions: Hypotheses proposed for this underrepresentation take into account both the potential barriers to accessing services and the possibility of cross-cultural variations in the conceptualisations of gender, gender roles and gender diversity. Ethnicity, culture and religion, and their overlapping relationship with gender need further exploration.

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Households and families in Estonian population

Papers on Anthropology ◽

10.12697/poa.2020.29.1.07 ◽

2020 ◽

Vol 29 (1) ◽

pp. 86-104

Author(s):

Ene-Margit Tiit

Keyword(s):

Young People ◽

Married Couple ◽

Age Groups ◽

Household Type ◽

Men And Women ◽

First Marriage ◽

Age At First Marriage ◽

Single Person ◽

Estonian Population ◽

Size And Structure

The statistical distribution of households and families by their size and structure can be received from population and household censuses, but it is also important to know this information between the censuses, as changes during the ten-year period can be quite remarkable. It is demonstrated that, since the last census in Estonia in 2011, the share of older age-groups has increased and the rate of children – decreased. The age at first marriage has increased for men and women respectively by 3 and 4 months per year. Consequently, the share of young people living without a partner has increased, but the process is different in men and women. The number of divorces has dropped, but this seems to be caused by the decline of marriages during the last decades. The age of women giving birth has also increased. During the last years, the number of third children has increased, but the number of first children has decreased. The distribution of households by their types was also studied and is presented in Table 1. It is evident that about one-sixth of the population lives alone; single-person households form the most numerous household type in present-day Estonia. From all households containing a couple, somewhat more than two-thirds are households with a married couple, others are households with a cohabiting couple. In average, the first ones are much older than the second ones. The number of households where two or more generations live together is marginal.

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Consumption among young activists

The monitoring of public opinion economic&social changes ◽

10.14515/monitoring.2019.1.04 ◽

2019 ◽

Author(s):

Elvira M. Arif

Keyword(s):

Young People ◽

Data Collection ◽

Cultural Differences ◽

Leisure Activities ◽

Age Groups ◽

Project Manager ◽

Consumption Patterns ◽

Value Priorities ◽

Group Identities ◽

Approaches To Study

There are two main approaches to study youth consumption. The first one considers consumption as viewed by a group of people of a certain age who differ from other age groups. Cultural differences are not taken into account. In the second approach consumption is seen as one of structure-forming elements of youth communities and practices. In that case, researchers study subcultures and youth leisure activities. However, those young people who are not engaged in subcultures and whose consumption patterns do not define their group identities are poorly studied. The article analyzes the importance of consumption among young persons and examines the ideological vectors of youth solidarity. The database consists of 28 biographical interviews with young activists from St Petersburg. The emphasis is placed on value priorities and the significance of labor for young activists. Thus, the meaning of consumption is considered through the prism of values and labor using the notion of “cultural repertoire of consumption”. Based on the interview results, five repertoires were singled out: anti-reconsumption, ethical, pro-Soviet, anti-consumption and politicized repertoires. Special attention is given to young activists’ reinterpretation of exclusiveness within the dominant consumption discourse. The analysis provides the grounds for reviewing the content of the solidarity vector and the substitution of “consumption - asceticism” direction for the “critical – internalized consumption”. Acknowledgement. The author expresses gratitude to Elena L. Omelchenko, director of NRU HSE Center for Youth Studies, and Yana N. Krupets, project manager, for the provided materials. Special thanks go to all the colleagues who took part in the tool design and data collection, discussion and analysis.

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Consumer preferences of apples in Estonia and changes in attitudes over five years

Agricultural and Food Science ◽

10.23986/afsci.40936 ◽

2014 ◽

Vol 23 (2) ◽

pp. 135-145 ◽

Cited By ~ 9

Author(s):

Ulvi Moor ◽

Argo Moor ◽

Priit Põldma ◽

Lagle Heinmaa

Keyword(s):

Young People ◽

Consumer Preferences ◽

Age Groups ◽

Production Method ◽

Quality Attribute ◽

Colour Preference ◽

Main Motivation ◽

Chemical Residues ◽

Important Quality ◽

Capitalistic System

Apple preferences of Estonian consumers (n=336 in 2007 and 332 in2012) were determined regarding apple origin, production method and different quality attributes. The aim was to find out whether apple preferences of young people raised in a capitalistic system differ from older people raised in the Soviet Unionand also to determine if and how these preferences have changed over five years. The majority of the respondents preferred domestic apples (91% and 81% in 2007 and 2012, respectively), the main motivation being food safety: domestic apples were believed to contain fewer chemical residues. Apple taste was the most important quality attribute, followed by appearance which was rated equally important as health benefits and finally, price. Young people (<25 years) were significantly more indifferent towards apple origin compared to others. However, the preference for apple taste and colour was similar in all age groups. Over the five year period surveyed, the preference for domestic and organic apples had decreased, but taste and colour preference had remained unchanged.

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