However, it is known that the majority of these are held in the form of cash and deposits, and that the proportion of risk assets such as stocks and investment trusts is extremely small compared with other countries (Bank of Japan, Flow of Funds, Fiscal Year 2018).
While we conduct considerable internal analysis and research to formulate and evaluate our policies, these constitute additional areas in which university researchers can play a vital role as independent assessors of the quality of our policies.