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Showing 291 - 300 of 353 results for "Robo"

Robo-advice is WALL-E, not Terminator

LAURA MILLAN  |  TUESDAY, 24 NOV 2015
Financial planners need to see robo-advice as a friendly, helpful tool, such as Pixar's WALL-E, rather than as the destructive machine pictured in Terminator. The rise of technological tools that automate some parts of financial advice was one of the ...

ASIC sees potential for "large scale loss" in robo-advice

LAURA MILLAN  |  MONDAY, 23 NOV 2015
... Securities and Investments Commission (ASIC) warned that a flaw in an algorithm could lead to "large scale loss" for clients of robo-advice systems. Speaking at the Financial Planning Association (FPA) Congress in Brisbane, ASIC senior executive leader ...

Decimal appoints new CEO

ALEX BURKE  |  FRIDAY, 20 NOV 2015
Robo-advice provider Decimal Software has appointed a new chief executive. Nic Pollock joins Decimal having held senior positions at Oracle, Gemcom, Mincom and Snowden. He will commence his position on November 23. In a statement the Decimal board said ...

Decimal chief steps down

ALEX BURKE  |  TUESDAY, 17 NOV 2015
The Australia and New Zealand chief executive of robo-advice software provider Decimal Software has stepped down from her role. Carolyn Colley will remain in a business advisory position with Decimal until 31 December 2015. She joined the company in ...

Macquarie to enter robo-advice sector

ALEX BURKE  |  MONDAY, 16 NOV 2015
Macquarie will soon offer a digital advice service across all standard asset classes. Macquarie's OwnersAdvisory service is designed to reach the "more than 80% of Australian adults don't currently access professional financial advice," according to ...

StatePlus talking to super funds of all sizes

DARREN SNYDER  |  MONDAY, 16 NOV 2015
... this end-to-end experience that Panateros believes puts StatePlus in a strong position, rather than trying to be a quick robo-advice solution.

Robo revolution to benefit human advisers

MARK SMITH  |  TUESDAY, 10 NOV 2015
Digital advice tools should be seen as an opportunity, not a threat for the traditional advice market in the United States, according to the UB-based global analytics firm Cerulli Associates. "Many industry stakeholders assume that ongoing advances ...

ASIC sets up special robo-advice taskforce

LAURA MILLAN  |  FRIDAY, 6 NOV 2015
The Australian Securities and Investments Commission (ASIC) has set up an internal robo-advice taskforce that will monitor developments in digital advice. The taskforce will focus on studying how robo-advice providers comply with the best interests ...

Banks face wealth management challenges

DARREN SNYDER  |  TUESDAY, 3 NOV 2015
... looking to implement more cost effective technology-enabled sales and advice in their wealth operations. With the rise of robo-advice, a digital financial revolution is underway that will help bridge the gap between what consumers are willing to pay ...

Embrace change to stay relevant

ALEX BURKE  |  FRIDAY, 30 OCT 2015
... while you're at the office," he said. Returning to financial advice, he pointed to changes already on the horizon such as robo-advice and widespread financial analytics. "But you don't have to be a victim to this," he argued. To explain how advisers ...