Danish Insurance Institute, affiliation not provided to SSRN, Independent, affiliation not provided to SSRN, European Savings Institute (OEE), Jönköping University, affiliation not provided to SSRN, Better Finance, Better Finance, Better Finance, Better Finance, Faculty of Economics Matej Bel University in Banska Bystrica, European Savings Institute (Observatoire de l'Épargne Européenne), Better Finance, Independent, Warsaw School of Economics (SGH), Faculty of Economics at Matej Bel University, Austrian Institute of Economic Research (WIFO), Better Finance and Better Finance