Technology
Technology | 5 May 16
Cost seen driving mass affluent investors toward robo-advice
Mass affluent investors are more likely to use a robo-advice service in place of a human financial adviser than higher net worth individuals or institutions, according to a survey by Australia’s Chartered Financial Analyst (CFA) institute.
Technology | 12 Apr 16
UK millennials more likely to embrace robo-advice, says Legg Mason
UK millennials are more open to receiving financial advice from automated services, so-called robo-advice, than their counterparts around the world, a survey by global asset manager Legg Mason has revealed.
Technology | 22 Mar 16
Australian regulator to provide ‘robo-advice’ guidance
The Australian Securities and Investments Commission (Asic) has released a draft of its proposed guidance on providing digital financial product advice services, or robo-advice, to retail clients.
Investment | 21 Mar 16
Investors trust the media more than robo-advice, survey finds
More investors trust the media on investment than robo-advice services despite the rising numbers of start-ups and established companies entering the online space, according to Legg Mason’s 2016 Global Investment Study.
Hong Kong’s regulator sets up link with fintech firms
The Securities and Futures Commission has established a fintech contact point and set up an advisory group as fintech momentum builds.