Robo-Advice

Jul
10

Robo-investment – Retirement takes the crown

A customer insights study by automated investment service Six Park has found that more than half its clients are using the robo-investment service to grow wealth outside of super (36.5%) and for retirement savings (28.6%). These long-term goals ranked higher than the desire to save for property or saving for short-term goals such as holidays […]

By Australian FinTech | FinTech . Investing . Robo-Advice
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Jul
09

AFL’s Ted Richards and the human side of robo-investing

There is a lot of talk about the entry of ‘robo advisers’ into the financial advice market. Revelations by the banking royal commission have accelerated calls for technology to provide the answer to the broadening trust deficit and intractable problem of advice being too expensive for the average investor. However, despite these tailwinds, the take […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Jun
28

CIPR framework timely but questions remain

The retirement income strategy and implementation timeline proposed in this year’s Budget is “workable and sensible” but there are concerns the Federal Government should quickly address. This is according to SuperEd, the robo-adviser aiming to improve retirement incomes. In its submission paper to the Retirement Income Covenant Position Paper, SuperEd said it fully supports the […]

By Reposted by Australian FinTech | FinTech . Robo-Advice
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Jun
20

Quantifeed eyes Australian expansion with $13.5m raising

The fintech is looking to expand its B2B robo-advice business in Australia as a part of a $13.5 million venture capital raising announced today. The series B funding was led by Taiwanese giant Cathay Financial Holdings, with participation from US-based asset manager Legg Mason, and will go towards Australia and Asia Pacific growth. “We will […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice . Venture Capital
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Jun
18

Automated advice to help Australians’ money grow

Cotton farmer George Stacey grows crops for a living and he’s also focused on watching his finances flourish. A long way from the hustle and bustle of city life, the 24-year-old works on a 97,000 hectare farm in Goondiwindi, 300km southwest of Brisbane, and said he loves investing in companies all over the world “from […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Jun
05

How AI is becoming an asset to the finance industry

As AI transforms an increasing number of domains, players in the finance industry are moving fast to keep pace. While many people are aware of the term artificial intelligence (AI), this is largely in relation to the more extreme use-cases of AI such as flying cars and Sophia the AI robot. Yet, much of our […]

By Reposted by Australian FinTech | Banking . FinTech . Robo-Advice
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May
22

Think you’ve innovated? Enter the finder Awards 2018 to show ‘em what you’ve got

We’ve seen our fair share of fintech innovations over the past few years. From robo-advice to peer-to-peer (P2P) lending to Blockchain, innovation has been offered in spades within the Australian marketplace. The finder Awards 2018 celebrates excellence in local business innovation by recognising creativity and impact across key industries including banking, property, retail, travel and […]

By Australian FinTech | Banking . Blockchain . FinTech . Peer-to-Peer . Robo-Advice
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May
21

Pensioners prime market for robo-advice

There is considerable opportunity to provide robo-advice to pensioners seeking affordable, accessible and personalised advice, according to GlobalData. The company’s 2017 Life & UK Pensions Survey found that 63 per cent of individuals accessing financial advice used it to discuss pensions, which usually was through visiting online platforms that provided automated advice. GlobalData pointed to […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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