"Manual processing when consumers switch from one plan to the next is one example of the extreme inefficiency in today's system that makes it cumbersome, slow, and expensive for administrators -- and therefore less user-friendly for workers trying to save.... [W]hile innovation is abundant in financial services -- distributed ledger, predictive analytics, machine learning, data aggregation, artificial intelligence, gamification, APIs -- the retirement industry has lagged in investing in and leveraging these disruptive technologies effectively."

MORE >>