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Australia lagging on robo-adviceBY HARRISON WORLEY | FRIDAY, 19 JUN 2020 12:36PM
Australia is still dragging the chain on robo-advice but there is hope for local providers, according to new global research on the take-up of the technology.Read more: Robo-advice, Investment Trends, Vanguard, Recep Peker, Betterment, CommSec Pocket, Fidelity, Wealthfront, Financial planning
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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