AI Promises Pension Improvements But Also Poses Risks, Says Global Report
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AI can improve pensions by cutting costs and highlighting risks, according to a global pensions report.
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AI could build custom portfolios, identify market anomalies, but is unlikely to accurately predict market movements.
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AI may lead to more efficient decision-making, potentially providing higher returns to pension members.
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Risks include AI generating fake information and cyber attacks against pension data.
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The Netherlands ranked 1st in the global pensions index this year, with Iceland 2nd and Denmark 3rd.