Retirement Daily: The Disruptive Impact of FinTech on Retirement Systems

Technology has a way of disrupting much in the world – and that includes all things retirement.
And that’s what Pension Research Council (PRC) explored during a two-symposium in May. Experts from around the world gathered to discuss how technological innovation is changing the retirement marketplace, insurance markets, and how retirement plan sponsors help shape workers’ pension saving, investment, and decumulation plans. In an interview, Olivia Mitchell, the executive director of the PRC at the Wharton School of the University of Pennsylvania, said fintech holds a great deal of promise, but it’s not yet fully helping those saving for or living in retirement.