The latest issue of Financial Standard now available as an e-newspaper What is holding Aussie robo advisers back? BY KANIKA SOOD | WEDNESDAY, 14 AUG 2019 12:21PMHigher base fees, more complex fee structures and fewer investment options could be holding Australian robo advisers back from reaching the scale their American counterparts have, according to new research from Rainmaker. Sponsored by Legg Mason
Depression, Recovery, and the Risk of Time |  |
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| | ALLY SELBY Charities have called on the government to plan for a gradual transition of its stimulatory payments so as to avoid the loss of more than 200,000 jobs in the sector. | KANIKA SOOD A fund manager will remediate clients in eight funds after a recent review of its management costs identified a unit pricing error. | | | KANIKA SOOD Equity Trustees has handed over the management of Newgate Real Estate and Infrastructure Fund to a new manager, as Newgate Capital announces its intention to retire from the fund. | ELIZA BAVIN Zurich Australia and OnePath Life announced donations to 20 charities with COVID-19 response funding. |
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In America, the major firms are actually encouraging personal advisers be added to robo-accounts. If we did away with Opt-In notifications and a lot of the unnecessary red tape cleverly imposed on non-aligned advisers, low income investors could afford to gain access advisers in Australia once more.