The Disruptive Impact of FinTech on Retirement Systems

Edited by Julie Agnew and Olivia S. Mitchell

Type : Hardback
Published : 06 September 2019
Page : 256
Size : 234x153mm
ISBN : 9780198845553

Description

Many people need help planning for retirement, saving, investing, and decumulating their assets, yet financial advice is often complex, potentially conflicted, and expensive. The advent of computerized financial advice offers huge promise to make accessible a more coherent approach to financial management, one that takes into account not only clients’ financial assets but also human capital, home values, and retirement pensions. Robo-advisors, or automated on-line services that use computer algorithms to provide financial advice and manage customers’ investment portfolios, have the potential to transform retirement systems and peoples’ approach to retirement planning.
This volume offers cutting-edge research and recommendations regarding the impact of financial technology, or FinTech, to disrupt retirement planning and retirement system design.