Fintech Insider Podcast by 11:FS cover image

895. News: Industry coalition pushes digital IDs, Phase 2 of Saudi open banking, new Singapore anti-fraud powers

Fintech Insider Podcast by 11:FS

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Navigating Retirement Savings Challenges

This chapter explores the obstacles faced by individuals in retirement savings and financial planning, focusing on generational differences in financial priorities. It highlights an innovative model from a New Zealand bank that incentivizes early saving by allowing dual-use of funds for retirement and home purchases. The discussion also emphasizes the need for fintech innovation to improve pension management, addressing the complexities of tracking multiple pension pots and the importance of motivating younger generations to save for retirement.

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