Automated advice is on its way – are you prepared?

ETF specialist, ETF Consulting has conducted a detailed analysis on the subject of “automated investment advice”. Tim Bradbury, Managing Director of ETF Consulting says “We have been involved in numerous business discussions recently which prompted us to do a deeper comprehensive study. Our work leads us to believe that although in the very early stages, this innovation will take-off in the next 3-5 years in Australia.”

The analysis covered:

– Review of the advent of automated advice models overseas,

– Assessment of these offerings in relation to the Australian market place,

– Identification of the demand side (who will buy and why) and supply side (who should consider entering this market)

– Clarifies the value proposition to investors and

– Considers in detail the structures, business models, product features

– High level market entry options

– Technology/IT requirements

Learn more about the 3 likely user groups – Non-advised DIY, New Age advisers and the Disengaged client, and the reasons the automated advice market will evolve and thrive.

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Only advice and product together can deliver retirement confidence

Only advice and product together can deliver retirement confidence

Neither advice nor product innovation alone will deliver the retirement income solutions the Retirement Income Covenant envisages. But delivered together at scale, they can give members the confidence and assurance they need to retire well, the Professional Planner Licensee Summit has heard.

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