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This volume examines how technology is transforming financial applications, and how FinTech promises a similar revolution in the retirement planning processes. Robo-advisors and mobile savings apps are a few harbingers of innovations to come. Nevertheless, these changes will bring with them new ethical and regulatory considerations, design challenges related to promoting adoption by an older population less trusting of technology, and concerns over data security and privacy. Our contributors take stock of the disruptive impact of financial technology on retirement planning, saving, investment, and decumulation; and the book also highlights issues that regulators, plan sponsors, academics, and policymakers must consider as retirement practices evolve at a rapid pace.
This volume investigates how financial technology (FinTech) is fundamentally altering the landscape of retirement planning, saving, and investment strategies. Editors Julie Agnew and Olivia S. Mitchell, both established experts in pension economics and financial decision-making, curate a collection of research that evaluates the intersection of digital innovation and long-term financial security. The text provides a framework for understanding how emerging tools like robo-advisors and mobile applications influence consumer behavior while identifying the regulatory and ethical hurdles that accompany these shifts.
What You Will Find
Scope Limits
Experts and academics recognize this work as a critical resource for understanding the intersection of digital finance and pension policy. Readers frequently note that the text provides a balanced view of the potential benefits and systemic risks inherent in the rapid digitization of retirement systems.
Page Count:
252
Publication Date:
2019-01-01
Publisher:
Oxford University Press
ISBN-10:
0191880728
ISBN-13:
9780191880728
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