Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Risk advisers increasingly tech-savvy

advisers/cent/

25 March 2011
| By Milana Pokrajac |
image
image image
expand image

Life risk advisers are becoming increasingly technologically savvy and are willing to purchase new technology for client service purposes, according to a national survey by Zurich Life.

Zurich Life surveyed around 700 advisers, and of those less than 10 per cent owned an iPad – but nearly 40 per cent indicated they intended on purchasing one in the next 12 months.

General manager of Life Australia, Colin Morgan (pictured), said advisers have been quick in adopting the technological tools to help their customers and grow their businesses.

“It is estimated that there are 1.6 million iPads in Australia and this is expected to triple this year alone,” Morgan said. “Advisers appreciate they need to respond quickly to their customer needs, as well as have a vast array of information at their fingertips.”

Gold Coast advisers seem to be the most tech savvy, with around 18 per cent owning an iPad. Melbourne advisers, on the other hand, have proven to be the least tech savvy with only 5 per cent reporting they own a personal tablet computer.

Nationally, around half of all advisers use Facebook, one-third uses LinkedIn and less then 10 per cent of advisers use Twitter, according to the survey.

Zurich’s research was released following its recent product update roadshow, which focused on the use of new media in improving networking abilities.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

4 days 14 hours ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

4 weeks 1 day ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 2 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND