robo advisors

May
21

Money flows indicate the future is now

There is a massive shift of money coming out of actively managed funds and into ETFs as investors look to manage their fee budget more effectively.

By Reposted by Australian FinTech | ASX . FinTech . Investing . Robo-Advice
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May
13

Forget humans, more than 1m could be using robots for financial advice

Traditional face-to-face financial advice businesses face tighter curbs on fees and tougher disciplinary rules as a result of the Hayne royal commission.

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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May
02

AI to impact all aspects of advice: Report

An upcoming whitepaper reveals the rise of machine learning and artificial intelligence will transform every aspect of advice over the next five years.

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

30% of Aussies trust robo-advice

Nearly a third of Australians trust robo-advice, new research from Thinque has shown, which it said is a reflection of diminishing faith in human advisers.

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Apr
16

Key benefits of robo-advisors in Fintech

When you are investing and strive for a higher ROI, whom do you address? As a rule, you reach out to a team of wealth advisors. That means meeting regularly with those financial consultants to discuss your ventures and make adjustments to your investment portfolio. This process is time and money consuming and can be [...]
By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Mar
21

Future of advice: boutiques for some, robo-plans for the rest

Westpac chief executive Brian Hartzer says the growing cost of providing personal financial advice, including sky-rocketing regulatory costs, is creating a bifurcated financial advice market, with specialist boutiques serving customers willing to pay more for bespoke plans, while banks – sensitive about their reputations following the Hayne inquiry – shift to an automated model supplying […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Feb
20

Trust deficit means fintechs will fly

Leading fintech founders believe the fallout from The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry is a great opportunity for them to wrest market share from the major banks. They believe their existing focus on customers is a serious competitive advantage they can exploit as mainstream financial services businesses reposition […]

By Reposted by Australian FinTech | Banking . FinTech . Insurance . Robo-Advice
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Jan
22

Why you should invest, not save, for your kids

While parents want to be able to provide the best for their kids, it’s hard to save for their little ones’ futures when interest rates are slumped at historic lows. Even with regular deposits, cash attracting just 0.5 or 1 per cent interest in a savings account might not amount to all that much. However, […]

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