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Showing 171 - 180 of 353 results for "Robo"

New advice firm taps young professional market

EMMA RAPAPORT  |  TUESDAY, 21 NOV 2017
... also allow clients to book in meetings online and upload relevant forms and documents. While both founders acknowledge the robo-advice market, they intend to rely primarily on face-to-face meetings with clients, either at their converted warehouse office ...

Industry funds adopt robo-advice

KARREN VERGARA  |  TUESDAY, 21 NOV 2017
Two industry funds with more than 75,000 members are the latest to embrace Decimal Software's robo-advice offering. Mercer superannuation administration and Next-Generation platform clients, GuildSuper and Child Care Super, will be able to access digital ...

Advice the face of wealth management evolution

DARREN SNYDER  |  THURSDAY, 16 NOV 2017
... Howes said there are unintended consequences of FoFA that has restricted the availability of advice in the country. He said robo-advisers and other service providers will find it harder to operate in an increasingly regulated environment and it is putting ...

Myprosperity partners with $6.2bn platform

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
... Wealth are among the other start-ups aggregating personal finances via a one-stop-shop. Plenty Wealth combines human and robo advice and provides a financial roadmap and acts like a "GPS service" in terms of financial goals, covering automated advice ...

Wealth, insurance arms hit banks' earnings

KARREN VERGARA  |  TUESDAY, 7 NOV 2017
The wealth management and insurance businesses continued to squeeze the margins of the four major banks in the full year to 2017, separate reports from EY and KPMG have found. A KPMG analysis of the major Australian banks' performance shows the insurance ...

Former Lehman Brothers chief unveils new asset manager

ALEX BURKE  |  TUESDAY, 7 NOV 2017
... across their liquid wealth, privately-held assets and closely-held businesses." "Despite the proliferation of technology, robo-advisers, automation and algorithms in financial services, we still believe in the value of relationships," Fuld said. Since ...

Advisers divided on mixing advice: Poll

KARREN VERGARA  |  MONDAY, 6 NOV 2017
Financial advisers are divided when it comes to combining human advice with robo solutions. About 43% of advisers want to embed digital or robo solutions together with face-to-face advice, while an equal number completely shun this idea. Only 13% of ...

NAB to simplify operations via job cuts

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
About 4000 NAB employees look set to lose their jobs by 2020 as the bank further automates its business. Releasing its full year results, NAB said a reshaping of its workforce would see the creation of 2000 new jobs to 2020, though overall about 6000 ...

Super needs greater oversight from APRA: Poll

KARREN VERGARA  |  MONDAY, 30 OCT 2017
... underperformance is identified, the report said. Financial Standard's spot poll this week asks if advisers are combining digital or robo solutions along with face-to-face advice to clients.

Robo-advice raises alarm: ARRIA

KARREN VERGARA  |  MONDAY, 30 OCT 2017
Fears that robo-advice is mis-selling products and not delivering the best outcomes for clients continues to raise concerns across the financial advice industry. While the technology behind robo-advice is making it cheaper to invest, it doesn't mean ...