Designed with real-life retiree behavior in mind, it help retirees spend confidently in retirement while balancing their ability to spend with the risk of outliving their assets.
Data-driven insights: Real-life retiree spending behavior
Read our whitepaper, Three retirement spending surprises, to understand real-world retirement spending behaviors.
ROBUST COMMUNICATIONS PROGRAM
Designed with retirees in mind, our robust communications program helps participants understand the features and benefits of SmartSpending and provide retirees with guardrails on how much they can spend.
We have a number of security protocols in place which ensure all customer data are kept confidential and secure. Our security protocols are informed by standards that are also employed by government agencies.
There are several key controls and policies in place to ensure customer data are safe, secure and anonymous:
- Before J.P. Morgan Asset Management receives the data, all unique identifiable information, including names, account numbers, addresses, dates of birth and Social Security numbers, is removed.
- J.P. Morgan Asset Management has put privacy protocols for its researchers in place. Researchers are obligated to use the data solely for approved research and are obligated not to re-identify any individual represented in the data.
- J.P. Morgan Asset Management does not allow the publication of any information about an individual or entity. Any data point included in any publication based on customer data may only reflect aggregate information.
- The data are stored on a secure server and can be accessed only under strict security procedures. Researchers are not permitted to export the data outside of J.P. Morgan Chase’s systems. The system complies with all J.P. Morgan Chase Information Technology Risk Management requirements for the monitoring and security of data.
- J.P. Morgan Asset Management provides valuable insights to policymakers, businesses and financial advisors, but these insights cannot come at the expense of consumer privacy. We take every precaution to ensure the confidence and security of our account holders’ private information.