NEW: The Disruptive Impact of FinTech on Retirement Systems

Edited By Julie Agnew and Olivia S. Mitchell

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.

Publication date: August 2019 · Oxford University Press · ISBN: 9780198845553

  • Order online from Oxford University Press
  • Table of Contents
  • Chapter 1: How FinTech is Reshaping the Retirement Planning Process
    Julie Agnew and Olivia S. Mitchell
  • Chapter 2: The Emergence of the Robo-Advisor
    Jill E. Fisch, Marion Labouré, and John Turner
  • Chapter 3: The Transformation of Investment Advice: Digital Investment Advisors as Fiduciaries
    Jennifer L. Klass and Eric L. Perelman
  • Chapter 4: FinTech Disruption: Opportunities to Encourage Financial Responsibility
    Julianne Callaway
  • Chapter 5: Ethics, Insurance Pricing, Genetics, and Big Data
    Robert Klitzman
  • Chapter 6: Benefit Plan Cybersecurity Considerations: A Recordkeeper and Plan Perspective
    Timothy Rouse, David N. Levine, Allison Itami, and Benjamin Taylor
  • Chapter 7: Designing for Older Adults: Overcoming Barriers to a Supportive, Safe, and Healthy Retirement
    Cosmin Munteanu, Benett Axtell, Hiba Rafih, Amna Liaqat, and Yomna Aly
  • Chapter 8: The Big Spenddown: Digital Investment Advice and Decumulation
    Steven Polansky, Peter Chandler, and Gary R. Mottola
  • Chapter 9: Behavioral Finance, Decumulation, and the Regulatory Strategy for Robo-Advice
    Tom Baker and Benedict Dellaert
  • Chapter 10: Matching FinTech Advice to Participant Needs: Lessons and Challenges
    Stephen L. Deschenes and P. Brett Hammond
  • Chapter 11: The FinTech Opportunity
    Thomas Philippon
  • More PRC Books