Household financial decision making: Qualitative research with couples

Document Outline

• Household financial decision making: Qualitative research with couples
  • Acknowledgements
  • The Authors
  • Abbreviations and glossary of terms
  • Summary
    • Background
    • Research scope
    • Key findings
  • 1 Introduction
    • 1.1 Background
    • 1.2 Research objectives
    • 1.3 Policy objectives
    • 1.4 Project methodology
  • 2 Attitudes to financial decision making
    • 2.1 Attitudes to managing finances
      • 2.1.1 Factors influencing attitudes
    • 2.2 How couples go about decision making
      • 2.2.1 Triggers to decision making
      • 2.2.2 The process itself
    • 2.3 Roles played in the decision-making process
      • 2.3.1 Alpha and beta roles
      • 2.3.2 Male and female roles
  • 3 Decision-making typologies
    • 3.1 Creating typologies
    • 3.2 Type 1: Unbalanced Responsibility
      • 3.2.1 Decision-making dynamics
      • 3.2.2 Attitudes towards retirement planning
      • 3.2.3 Defining characteristics
      • 3.2.4 Case study: Cara and Tim
    • 3.3 Type 2: Cautious and Content
      • 3.3.1 Decision-making dynamics
      • 3.3.2 Attitudes towards retirement planning
      • 3.3.3 Defining characteristics
      • 3.3.4 Case study: Debbie and Mathew
    • 3.4 Type 3: Organised Aspirational
      • 3.4.1 Decision-making dynamics
      • 3.4.2 Attitudes towards retirement planning
      • 3.4.3 Defining characteristics
      • 3.4.4 Case study: Ryan and Sarah
  • 4 Retirement decision making
    • 4.1 Plans in place for retirement
      • 4.1.1 Saving into a workplace pension
      • 4.1.2 No provision for retirement
    • 4.2 Inhibitors to retirement planning
      • 4.2.1 Long-term decisions with long-term consequences
      • 4.2.2 The appeal of tangible outcomes
      • 4.2.3 Rejection of retirement planning
      • 4.2.4 Inertia
      • 4.2.5 Likely reactions to automatic enrolment
  • 5 Conclusions
    • 5.1 The process of couples’ decision making
    • 5.2 The respective partner roles in financial decision making
    • 5.3 The existence of household decision-making typologies
    • 5.4 The individual character of retirement planning
    • 5.5 The difficulty of engaging with pension products
    • 5.6 Active rejection of pension saving
    • 5.7 The lifelong influence of inertia on retirement planning
    • 5.8 Implications of the research findings for automatic enrolment
  • References