November 2024
07Nov

How AI could help modernize pension and retirement systems

The world is going through a seismic demographic transition, as populations age and traditional workforces shrink, prompting challenges for retirement systems that need to adapt to remain resilient. AI may be able to assist, by helping individuals make better decisions about their own retirement and by helping invest retirement assets. Given the importance of retirement, embedding trust into our AI systems is essential before they are deployed to the retirement business. Lifespans and the cost of living are rising...

November 7, 2024
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04Nov

AI and Longevity: Can Artificial Intelligence Help Humans Live Longer?

As the global population ages, the quest for longevity and enhanced quality of life for older adults has become an urgent focus in the healthcare industry. Recent advancements in Artificial Intelligence (AI) have opened new frontiers in the understanding and treatment of aging-related conditions, prompting a surge in investments aimed at leveraging AI to foster healthier aging. The integration of AI into drug discovery processes has shown promise in identifying novel compounds that specifically target the biological mechanisms of...

November 4, 2024
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October 2024
29Oct

Hong Kong Sets AI Guidelines for Finance, Eyes Tax Break for Digital Assets

Hong Kong has unveiled its inaugural policy guidelines focused on the use of artificial intelligence in finance, alongside a potential tax incentive for digital assets, in a bid to strengthen its position as a premier business hub in Asia. According to Bloomberg, the new measures aim to create a supportive yet regulated environment for AI and digital asset investment, central to Hong Kong’s strategy to draw international investors back to its markets. On Monday, senior government officials announced a unified framework designed...

October 29, 2024
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17Oct

US Is Sleepwalking Into an Economic Storm

By Daron Acemoglu   Daron Acemoglu, a professor at the Massachusetts Institute of Technology, received the Nobel in economic science this year. Inflation seems under control. The job market remains healthy. Wages, including at the bottom end of the scale, are rising. But this is just a lull. There is a storm approaching, and Americans are not prepared. Barreling toward us are three epochal changes poised to reshape the U.S. economy in coming years: an aging population, the rise of artificial intelligence and...

October 17, 2024
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May 2024
31May

Global top 300 pension funds. A Thinking Ahead Institute and Pensions & Investments joint study

By The Thinking Ahead Institute and Pensions & Investments The global top 300 pension funds is an annual study conducted by the Thinking Ahead Institute, in conjunction with Pensions and Investments. The research highlights high-level trends in the pension fund industry and provides information on how the characteristics of these top funds have changed. Get the report here

May 31, 2024
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30May

Generational AI: Digital inclusion for aging populations

As artificial intelligence (AI) applications become ubiquitous in products and services, it is more important than ever to ensure that they are appropriately aligned for positive use and avoid exacerbating social exclusions for an aging population. Based on discussions with leaders in equity, AI, and aging, and additional research, Generational AI: Digital inclusion for aging populations outlines the unique considerations for older adults within the AI lifecycle, barriers to digital inclusion that older adults experience regarding AI and suggested near- and...

May 30, 2024
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23May

UK. Quarter of asset managers use AI in sustainability process

More than a quarter of asset managers are already using artificial intelligence in their sustainability processes. Aviva Investors' annual asset manager survey found 56 per cent had seen an increase in client interest in sustainability-focused investments, compared with 16 per cent who had seen a decrease in appetite. The survey spoke to 60 asset managers from around the world, representing £31.9tr. While 27 per cent of the managers said they already use generative AI in their sustainability process, a further 29 per cent...

May 23, 2024
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February 2024
22Feb

Can ChatGPT Plan Your Retirement?: Generative AI and Financial Advice

By Andrew W. Lo & Jillian Ross We identify some of the most pressing issues facing the adoption of large language models (LLMs) in practical settings, and propose a research agenda to reach the next technological inflection point in generative AI. We focus on four challenges facing most LLM applications: domain-specific expertise, an ability to tailor that expertise to a user’s unique situation, trustworthiness and adherence to the user’s moral and ethical standards, and conformity to regulatory guidelines and...

February 22, 2024
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13Feb

AI’s impact can’t be overstated – BlackRock and Invesco execs

By COURTNEY DEGEN   Artificial intelligence will have a tremendous impact on the economy, healthcare and other industries, executives from BlackRock and Invesco said Feb. 12 at the Exchange ETF conference in Miami Beach, Fla. "It's hard to overstate the impact of AI on the economy (and) on different industries," said Jay Jacobs, U.S. head of thematics and active equity ETFs at BlackRock. AI is what Jacobs called a "platform technology," meaning "it is going to bring other industries into the fold that maybe don't even exist...

February 13, 2024
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12Feb

The Role of AI to Enhance Retirement Savings: The Gender Gap Challenge

By Anabel Martínez Colín AI is the biggest disruptor in the financial sector, where there are many AI solutions at work, and the role of AI over it is well documented. However, the deployment of AI in the pension segment is still at an exploratory stage, and its influence on the gender gap in pensions is still unclear. This research explores the relationship between AI readiness and the gender gap in pensions (GGP), which may also be statistically significant. In addition,...

February 12, 2024
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