What Differentiates the "New Mode" Approach from the "Usual" Mode

question 11

Multiple Choice

What differentiates the "new mode" approach from the "usual" mode of retirement?

• A) The individual takes the spouse's qualities and family obligations into account.
• B) Both partners in a couple pool their assets when they begin their financial planning.
• C) The husband makes decisions about his retirement and then informs the wife.
• D) Neither partner in a couple takes the other into account in retirement decisions.

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Definitions:

Independent Accountants

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London Stock Exchange

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SEC

The Securities and Exchange Commission, a U.S. federal agency responsible for regulating the securities industry, enforcing federal securities laws, and overseeing the stock and options exchanges.

European Commission

The executive body of the European Union responsible for proposing legislation, implementing decisions, upholding the EU treaties, and managing the day-to-day business of the EU.