robo advice

May
03

KPMG sees robots taking over tax compliance

When 800 executives were surveyed for a World Economic Forum report published in September 2015, three-quarters said company audits would be performed by artificial intelligence by 2021. A similar proportion reckoned the world would have witnessed the first tax collected via blockchain within that timeframe, while 45 per cent said robots would be occupying places […]

By Reposted by Australian FinTech | Blockchain . FinTech . Robo-Advice
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Apr
24

Macquarie’s plan to beat the investment robots

Investing robots and index funds are poaching billions of dollars from human fund managers, but Macquarie Investment Management head of the Americas Shawn Lytle says the firm is repositioning to cope with the seismic shift into passive investing. Globally, droves of investors are yanking money from high-fee active managers and parking their funds in passive […]

By Reposted by Australian FinTech | Banking . FinTech . Investing . Robo-Advice
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Apr
18

Robo adviser Six Park says lower balance SMSFs are viable

A robo adviser backed by four founding members of the Future Fund says that pre-retirees with starting balances of under $150,000 can run their own super funds, despite the corporate watchdog cracking down on providers that offer low-balance SMSF set-ups. The chief executive of Six Park Patrick Garrett said that the robo adviser, which counts […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Mar
23

Robo-advice is not enough, says fintech Investfit

While robo-advisers have been heralded as a cheap solution for Australians looking to invest their retirement savings, the team behind a newly launched app wants put high-quality, face-to-face advice back on the radar. Investfit, which was launched by Ed de Salis, James Claridge and Gavin Daw in 2015, and was a resident at fintech incubator […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice . Venture Capital
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Feb
21

Digital advice: from robo revolution to enterprise evolution

As digital financial advice gains ever-growing traction among superannuation providers, the hype around “robo-advice” gives way to enterprise-level requirements. Decimal Software CEO Nic Pollock says B2C wealth management and enterprise-grade digital financial advice serve very different needs, and customers. Federal Treasurer Scott Morrison recently told a G20 conference in Germany of his plans to encourage […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Feb
15

BetaSmartz automated investment launches in Asia

BetaSmartz, the B2B automated investment platform for all sizes of investors, from institutional to retail, today announced it had opened offices in Hong Kong. BetaSmartz offers ‘hybrid ‘ digital investment or ‘robo’ advice that combines automated and face-to-face financial advice. Newly appointed Managing Director Asia, Zak Allom, said this model had been well received since […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Feb
14

Ignition Wealth announces goals-based investing

Ignition Wealth CEO Mark Fordree today announced a groundbreaking development as Ignition Wealth becomes the first Australian ‘robo-adviser’ to offer goals-based investing. Ignition Wealth has appointed SiResearch to provide adaptive asset allocation built around goals which have a specific objective and timeframe. Traditional risk assessment has focussed on the investor’s long-term goals, often focussing simply […]

By Australian FinTech | FinTech . Investing . Robo-Advice
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Feb
08

Midwinter : Reputational risk still a determining factor for advisers when it comes to Social Media

It appears that the Australian advice industry is split when it comes to whether reputational risk prevents them from participating on social media channels, according to research carried out by Midwinter Financial Services in conjunction with Jenesis Consulting. In 2016, Midwinter surveyed 153 advisers of varying backgrounds and specialisations on Digital and social media, with […]

By Australian FinTech | FinTech . Robo-Advice
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