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.
Count Financial launches technology integrations
Count Financial has solved one of the challenges faced by converged accounting and advice businesses, launching a series of back-end integrations.
AMP Wealth chief urges robo-advice
AMP Wealth says it’s a moral obligation for the industry to provide affordable advice, supporting digital and automated channels for the Australian public.
Australian FinTech company profile #38 – Financial Mappers
Financial Mappers enable financial advisers to deliver advice in a fraction of the traditional time and to give scaled and online advice to the mass market.
The changing face of financial advice
Open banking platform Basiq and CRM software provider AdviserLogic have partnered to solve this issue and improve the way financial advice is given.
FinTech and the Future of Financial Services – 5 April 2019
Join the 7th Annual Fintech Summit on 23rd – 25th March to hear from Fintech Founders, CEOs, Investors and Ecosystem Experts.
IRESS releases automated personal advice solution and announces implementation with WA Super
IRESS has today announced a new automated personal advice solution allowing super funds to service members wanting superannuation advice digitally. The multi-advice, multi-channel solution, drawing on information within the fund registry, allows members to set their retirement objectives, review projections and then make choices to optimise their retirement outcomes. Members are provided with a statement of personal advice and can choose to action the recommendations using the solution and monitor progress. Members can also receive automated personal advice for wealth protection, savings and debt management. WA Super has become the first superannuation fund to implement the solution to deliver a personal advice service for retirement planning through its online member […]
Women shun financial advisers in favour of money advice from robots
Robo-advisers are reporting a substantial spike in the number of female investors, citing a “perfect storm” of the fallout from the banking royal commission and the empowerment of the #Metoo movement. Six Park reveals that accounts held solely by women have more than doubled in recent months to sit at 40 per cent, up from 20 per cent in January. The firm delivers financial advice online using algorithms and technology in place of a human financial adviser. The greatest number of Six Park accounts are held by 26-35-year-olds and 35-50-year-olds. Average account sizes are $31,761 and $43,342 respectively. Across all ages, the average amount invested by females is almost $55,000. […]
