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.
AUTHOR
Malavika Santhebennur
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
