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Showing 11 - 20 of 331 results for "robo"

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
Robo-adviser Stockspot received a $28 million funding boost from a global fund manager that will see it expand its capabilities in the precarious digital advice landscape. Mirae Asset Global Investments announced its "major strategic investment" in ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
ASIC permanently banned a financial adviser who has been advising for 34 years after an investigation found, among other violations, that he misappropriated funds and dealt in derivatives without the proper authorisations. Donald James Cuthbertson ...

Investors trust ChatGPT for advice

KARREN VERGARA  |  MONDAY, 26 JUN 2023
... generation of investor is already here, and they are looking at what is on offer, weighing up their options and it seems robo-advice and AI are coming up on top." Young investors (31%) tend to focus on short-term returns, but the majority (60%) believe ...

Super members want free advice: Survey

KARREN VERGARA  |  THURSDAY, 25 MAY 2023
... to them at no cost, a new survey reveals. About 2000 super fund members sitting on a range of income brackets surveyed by robo-adviser Otivo said they are open to receiving advice to improve retirement outcomes. Conversations about how contributing to ...

Regulation, funding inhibits digital advice: Report

KARREN VERGARA  |  MONDAY, 22 MAY 2023
... forward. AMP's Digital financial advice market scan, together with the help of KPMG, canvassed 16 providers and found that robo-advisers want more clarity and guidance from the regulator so that they can provide personal advice with confidence. Robo-advisers ...

Top ETF megatrends: Global X

ROSE MARY PETRASS  |  FRIDAY, 19 MAY 2023
Investors are poised to benefit from long-term investments in the minerals and technology needed to reach net zero, a global ETF provider has revealed. Global X ETFs Australia outlined the major exchange traded fund (ETF) investment megatrends - highlighting ...

Super funds must prioritise member experience: Consultant

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
A global technology and HR consultancy is urging superannuation funds to shift to experience-led organisations, amid changing member expectations. Bharat Bathi, the lead of Wipro HR Services' retirement services division, says "it's not an option ...

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... purely digital, it's going to be a combination of technology and people." He said there is a clear distinction between robo advice and digital advice. "Robo advice is completely different," he highlighted. "It's usually only online general advice ...

Advice industry must change as population ages: Expert

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... impact financial adviser numbers which are dwindling, someone has to fill the gap," he said. "I don't know if that's robo advice, possibly." What is needed for sure is more information on the ageing population called longevity literacy, said ...

ASIC bans Gold Coast businessman

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
ASIC has banned a Gold Coast director from providing financial services for four years after discovering his business leased an algorithmic trading program and operated without a licence. Gregory William Finerty, the sole director of Bradford AI, has ...