We are delighted to share our latest joint comparative study with the CFA Institute team: “Strengthening Pension Savings in Emerging Markets: The Role of Behavioral and Technological Tools.”

This brief explores lessons from eight emerging economies on how behavioral design and digital tools — from automatic enrollment to mobile micropensions — can expand pension coverage, strengthen savings, and build trust in retirement systems. 

Traditional levers such as tax incentives, employer contributions, and parametric reforms remain important, but they are increasingly insufficient on their own. As a result, policymakers are turning to “smart inclusion” strategies that leverage automation, digital platforms, and behavioral nudges to reduce complexity, support long-term decision making, and encourage consistent savings behavior.

A heartfelt thank you to the CFA Institute team for the excellent collaboration, and to our co-authors and contributors who made this comparative project possible - Dr. Seda Peksevim and Carolina Cabrita Felix.

It was a pleasure to work together on a study that bridges policy, behavioral insights, technology, and long-term investing practices across very different contexts.

You can find the full report here.