고령사회와 금융의 역할에 관한 연구

This paper analyzes the current status of financial instruments and services at home and abroad, taking into account population aging and seeking ways to improve them to strengthen the function of financial services for wealth accumulation of the Korean people. In an aging society, the financial sector is concerned about the asset gap due to household assets mostly concentrated on the elderly. The management of financial assets held by the elderly with dementia is also emerging as a mid- to long-term task. In order to cope with these issues, the government has established an wealth accumulation support system for the purpose of supporting the stable accumulation of assets, while also seeking to introduce tax incentives to facilitate the transfer of assets between generations. The financial sector provides various services, including diversification of investment-based and trust-related financial services, activation of the housing pension system, and expansion of insurance in response to population aging and dementia. However, in discussing wealth accumulation and relevant support in the age of centenarians, it is important to establish a new financial system that is different from current financial services, which take into account both population aging and diverse lifestyles. This is because the biological, economic and behavioral characteristics of the elderly and working-age population are different. The physical and cognitive aging of financial consumers will require new financial accessibility and a financial abuse prevention system. Enhancing financial accessibility will require a new physical branch policy that complements contactless financial services as well as mobile digital monitoring and effective guardianship system to prevent financial abuse. In addition, population aging will increase the demand for withdrawal products needed to translate household assets accumulated before retirement into retirement income, and further increase the demand for transfer of property rights, such as the management and operation of household assets and the inheritance of remaining assets, on a one-stop basis. In this regard, comprehensive property trust services, which enable the dual purpose of managing and transferring property rights of the remaining assets, are expected to be an important factor in an age-friendly financial service in the future.