Workplace super questions robo-advice



Workplace super specialists have started questioning the role of robo-advice in the workplace and whether it was a threat or an opportunity, according to the Workplace Super Specialists Association (WSSA).
WSSA chief executive, Douglas Latto, said things were moving rapidly in a space that has traditionally been the domain of the workplace super specialist.
"The question being asked by many of our members is whether it will replace our tried and tested model, or whether it will enhance it," Latto said.
The comments come ahead of WSSA's inaugural conference in Sydney this week, with a panel discussion on robo-advice, with head of marketing at Decimal, Joanna McCarthy, and founder and managing director of FinDigital, Ian Dunbar, featured in the panel discussion.
Strategic development CBA Wealth Management executive manager, Ben Grauer, and strategic advice leader, financial advice of Mercer, Richard Ebbs, will also join the panel discussion.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.