financial planning

Oct
12

Equity Trustees employs fintech solution

Partnering with a specialist fintech helps in adapting to an ever-changing regulatory environment and boosting capabilities that will attract customer investment, according to Equity Trustees. Equity Trustees announced its own fintech partnership this week with the pControl Oversight solution, with the intention of further expanding its professional funds governance capability. Commenting on the partnership, Equity […]

By Reposted by Australian FinTech | FinTech . Investing
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Oct
11

Technology will shape financial services

Financial advisers must challenge themselves to see where technology can add value to their business models if they wish to remain relevant in the coming years. That was the key theme of a presentation delivered by futurist Chris Riddell at the 2017 Association of Financial Advisers National Adviser Conference which started on Wednesday at­ the […]

By Reposted by Australian FinTech | Blockchain . FinTech
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Oct
09

Netwealth founders say AI, data mining to shape $750b platform market

The founders of financial planning platform Netwealth predict artificial intelligence and data mining will lead innovation in the fast-growing platform market, ahead of an expected $900 million sharemarket listing of the family company later this year, which could catapult its founders onto the Financial Review Rich List. Michael Heine, his brother Leslie Heine and and […]

By Reposted by Australian FinTech | FinTech . Investing
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Oct
05

Millennials could pay over $300,000 in super fees

Millennials in a Fat Cat Fund could lose over a quarter of their super balance to fees. Robo advice platform Stockspot has launched its fifth annual Stockspot Fat Cat Funds report, which analysed a record 4,102 super and managed funds and highlights the link between high fees and poor long-term performance. A Fat Cat Fund […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Oct
03

MoneyBrilliant adds Bill Watch service to help Australian consumers get the best deals on gas and electricity

MoneyBrilliant recently launched its new Bill Watch service to help Australian consumers get the best deals on gas and electricity. The service is integrated with the company’s phone and web based personal financial management app which is now used by almost 100,000 people. Users of MoneyBrilliant can now setup their electricity and gas bills in […]

By Australian FinTech | FinTech
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Sep
27

‘Robo-adviser’ makes it onto Oxford Dictionaries website

Automated and artificial intelligence-based propositions across the sector will be delighted to see the term ‘robo-adviser’ has made it onto the Oxford Dictionary’s website. A ‘robo-adviser’ (noun) has been defined by Oxford Dictionaries as “an online application that provides automated financial guidance and services”, while the example sentence reads: “a robo-adviser programmed to build wealth […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Sep
27

Nothing to fear from robo-advice: Magellan

Magellan Asset Management chief executive and chief investment officer Hamish Douglass believes financial advisers should not fear robo-advice in an era where artificial intelligence and big data can dominate discussion. Speaking at Magellan’s financial adviser national roadshow recently, Douglass said if advisers remain true to their trusted roles within financial services there is little to […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Sep
11

Eight of 10 Australians don’t get financial advice. Is technology the answer?

About eight in 10 adult Australians are not receiving financial advice, even though many would benefit. Despite surveys showing how stressed many of us are about money, it’s a figure that hasn’t changed over the past 25 years. Many people are put off by the cost of face-to-face advice, they’re concerned that products would be […]

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