Disruptive Impact of FinTech on Retirement Systems

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-lineservices 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.