How behavioral technology will improve retirement planning
Technology has always been the great disrupter. When robo-advisers came around, traditional advisers began preparing for battle. Now financial advisers are largely embracing technology, using it to free them up to be a better adviser. But technology isn’t done evolving. The tech you have today is most likely more of a starting line than a finish line.
Financial services is notoriously behind the times when it comes to technology. Does it strike anyone else as strange that social media, phones and cars have far superior technology than what we use to plan out someone’s retirement income or college education payments?
In part, some technology developers and companies have shied away from financial planning because of the heavy regulations. However, these technology investments and developments are coming. So the question now is: How will the next generation of financial planning tech look?
Read more @Investment News
