Australia lagging on robo-advice
Australia is still dragging the chain on robo-advice but there is hope for local providers, according to new global research from Investment Trends.
Which Fintech sectors will gain from COVID-19?
CB Insights looks at the effects of COVID-19 on five fintech sectors: payments, insurance, banking and lending, wealth and capital markets, and real estate.
Most retirement planning tools miss the mark
Most retirement planning tools give people a false impression about whether their retirement savings plans are on track, says Fiduciary’s Andrew Crawford.
Making investing accessible for more Australians: Robo advisor waives fees, lowers minimum investment
Online investment provider Six Park will reduce its minimum investment threshold to $5,000 and waive investment management fees for three months.
COVID-19 creates threats and opportunities for fintechs
The global Covid-19 pandemic will also produce opportunities for fintechs given we’re relying on technology now more than ever.
Digital offerings can eliminate the need for personal advice
Digital advice may provide an avenue for advisers to be able to circumvent the complex regulatory burden associated with providing compliant personal advice
Global robo-advice industry to be worth US$1.4t
The global robo-advice industry is expected to be worth US$1.4 trillion (AU$ 2.04 trillion) this year, according to research from UK company LearnBonds.
‘It’s a good time for people starting out’: Financial advice enters new era
The need for financial advice will always be there but the model in which it’s delivered to people is rapidly changing: Six Park’s CEO Pat Garrett.
