Investigating the intention of purchasing private pension scheme based on an integrated FBM-UTAUT model: The case of China.

ABSTRACT: The newly established private pension scheme in China has received great attention as it would be an important supplement to China's social safety net and corporate annuity amid an aging population. It provides a way of helping to address the challenge of ensuring adequate retirement income, and the scheme is expected to grow significantly in the coming years. This study investigates factors affecting the intention of purchasing the private pension scheme using a conceptual model based on the integration of Fogg Behavioral Model (FBM) and Unified Theory of Acceptance and Use of Technology (UTAUT) model. The questionnaire-based data from a sample of 462 respondents had been analyzed. Both exploratory factor analysis and confirmatory factor analysis were used to assess validity. The hypothes

SUBMITTER: Wu G 

PROVIDER: S-EPMC10033583 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature