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Financial Literacy and Retirement Planning among Government Officers in Malaysia

This study examines the level of financial literacy, financial behaviour and retirement planning behaviour and its dynamics among Malaysian government officers involving 320 employees working in the federal government administrative centre in Putrajaya and Kuala Lumpur using a questionnaire. Finding...

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Main Authors: Tan, Shirley, Singaravelloo, Kuppusamy
Format: Article
Published: Taylor & Francis 2020
Subjects:
HG Finance
Online Access:http://eprints.um.edu.my/24825/
https://doi.org/10.1080/01900692.2019.1672078
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spelling my.um.eprints.248252020-06-15T03:13:42Z http://eprints.um.edu.my/24825/ Financial Literacy and Retirement Planning among Government Officers in Malaysia Tan, Shirley Singaravelloo, Kuppusamy HG Finance This study examines the level of financial literacy, financial behaviour and retirement planning behaviour and its dynamics among Malaysian government officers involving 320 employees working in the federal government administrative centre in Putrajaya and Kuala Lumpur using a questionnaire. Findings show high level of financial literacy, good financial behaviour but a mediocre in retirement planning behaviour, and only education and personal income positively influence financial literacy. Age and gender of officers do not influence financial literacy. Furthermore, financial literacy does not correlate with retirement planning and neither does it mediate the relationship between financial behaviour and retirement planning. © 2019, © 2019 Taylor & Francis Group, LLC. Taylor & Francis 2020 Article PeerReviewed Tan, Shirley and Singaravelloo, Kuppusamy (2020) Financial Literacy and Retirement Planning among Government Officers in Malaysia. International Journal of Public Administration, 43 (6). pp. 486-498. ISSN 0190-0692 https://doi.org/10.1080/01900692.2019.1672078 doi:10.1080/01900692.2019.1672078
institution Universiti Malaya
building UM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaya
content_source UM Research Repository
url_provider http://eprints.um.edu.my/
topic HG Finance
spellingShingle HG Finance
Tan, Shirley
Singaravelloo, Kuppusamy
Financial Literacy and Retirement Planning among Government Officers in Malaysia
description This study examines the level of financial literacy, financial behaviour and retirement planning behaviour and its dynamics among Malaysian government officers involving 320 employees working in the federal government administrative centre in Putrajaya and Kuala Lumpur using a questionnaire. Findings show high level of financial literacy, good financial behaviour but a mediocre in retirement planning behaviour, and only education and personal income positively influence financial literacy. Age and gender of officers do not influence financial literacy. Furthermore, financial literacy does not correlate with retirement planning and neither does it mediate the relationship between financial behaviour and retirement planning. © 2019, © 2019 Taylor & Francis Group, LLC.
format Article
author Tan, Shirley
Singaravelloo, Kuppusamy
author_facet Tan, Shirley
Singaravelloo, Kuppusamy
author_sort Tan, Shirley
title Financial Literacy and Retirement Planning among Government Officers in Malaysia
title_short Financial Literacy and Retirement Planning among Government Officers in Malaysia
title_full Financial Literacy and Retirement Planning among Government Officers in Malaysia
title_fullStr Financial Literacy and Retirement Planning among Government Officers in Malaysia
title_full_unstemmed Financial Literacy and Retirement Planning among Government Officers in Malaysia
title_sort financial literacy and retirement planning among government officers in malaysia
publisher Taylor & Francis
publishDate 2020
url http://eprints.um.edu.my/24825/
https://doi.org/10.1080/01900692.2019.1672078
_version_ 1674066734473019392
score 13.211869

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