Through the Scottish Board, the IFoA is supporting an exciting research project by the Edinburgh-based David Hume Institute (DHI).

The research explores public attitudes to risk, and is closely aligned with recommendations in our Great Risk Transfer campaign to place the responsibility for certain complex risks in pensions and insurance with financial institutions rather than individuals (bit.ly/GRT_Recs).
The DHI announced the project in February and expects to report its findings later in 2022. Reflecting on the partnership, David Hume Institute director Susan Murray said: “The Great Risk Transfer reflected much of what we heard from individuals during our previous research on The Action Project. We heard from households that the ability to plan for the future is severely compromised by the pressures of everyday financial challenges.”
The DHI will engage and listen to a diverse range of people, looking at which aspects of financial risk they see as the most important, how they address these, and what barriers they face.