Advice

Jan
05

Self-managed super funds key to OpenCorp’s growth

Young rich lister Allister Lewison plans to double the size of his crowd-funding-based investment advisory and property development business OpenCorp over the next two years, underpinned by self-managed super funds growing their investments in syndicated development projects. In the past financial year, Mr Lewison almost doubled his fortune with $42 million in assets, up from […]

By Reposted by Australian FinTech | FinTech . Investing
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Jan
02

Robo advice start-up Six Park closes $1.5m capital raise

A Melbourne-based robo-adviser has closed a $1.5 million capital raise from a powerful group of investors that includes a former finance minister and an ex-Deutsche Bank ANZ exec chairman. This is the second round of funding for DIY investment platform Six Park, which has now raised a total of $2.9 million to help it in its […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice . Venture Capital
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Dec
20

REST’s industry-first online super advice product gives members ‘mobile first’ access to personalised financial advice

REST Industry Super became the first Australian super fund to provide its 1.9 million members with ‘mobile first’ access to personalised financial advice with the launch of the REST Advice Online platform.   REST Advice Online is delivered on Midwinter’s next generation Advice Operating System (AdviceOS) and provides REST members with the ability to receive […]

By Australian FinTech | FinTech . Investing
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Dec
19

Merger Creates Powerful Fixed Interest Investment Player in the Australian Market

Trustees Australia (ASX:TAU) and the new fintech marketplace operator, Cashwerkz, are excited to announce a merger where by an established business with plenty of FUM (funds under management) but no platform, effectively buys a brand new platform with a growing distribution network.   The combined business will serve retail customers, the financial planning industry, and […]

By Australian FinTech | Investing . Robo-Advice
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Dec
19

A broken chain of investment providers: why investors pay the price

by Doug Morris, CEO, Sharesight Buying food from a shop is so simple, it’s something many of us take for granted – but it doesn’t have to be. Instead of taking say, a carton of eggs to the checkout, imagine having to first ask the farmer if they’re free-range or caged, the grader for the […]

By Reposted by Australian FinTech | FinTech . Investing
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Dec
08

Lindsay Tanner  joins robo-advice brigade at Six Park

To what extent can a robot replace a human financial adviser? Former federal finance minister Lindsay Tanner reckons he has an answer to this vexed question. Although Australian investors have seen a range of technology-enabled investment options come to the local market in recent years, the launch of robo-advisers poses one of the more interesting […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Nov
29

Australians are starting to think robot financial advisers might be a good idea

The use of automated investment services, or robo-advice, is still small in Australia but is growing fast. The latest research by analysts Investment Trends shows 27% of online investors have heard of robo-advice, up from 19% just six months ago. Robo-advice, the field of online investment and savings platforms where face-to-face is replaced with automated […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Nov
22

We need plans for when robots are in driver’s seat

Financial services companies, including technology-oriented fintech start-ups, are emerging to challenge the roles of banks and the large financial institutions. Fintechs are rapidly transforming and disrupting the marketplace by providing digital or “robo-advice” using highly sophisticated algorithms operating on mobile and web-based environments. Last month, the Minister for Revenue and Financial Services, Kelly O’Dwyer, announced […]

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