For this month’s InsurTech Insights, we take a look at the subject of
wealth management from an insurance perspective.
In the feature article from KPMG, Jill Hitchen from KPMG’s UK Insurance and Investment Management practice sets out a three-step approach for digitisation. Jill suggests that firms avoid the trap of large scale technology transformations in their digital strategy. Instead she makes the case for smaller technology investments to
achieve value more quickly.
By contrast, Rick Huckstep’s article looks at the subject of retirement savings in the US. It’s a problem area that is ripe for fresh thinking, an entrepreneurial approach and digitisation. Despite years of trying to improve the pension system, it is still the case that almost half of Americans do not have access to a retirement plan at work.
And many millions of Americans have not saved anything like enough for retirement.
Enjoy the issue.
