Technology

Technology

HUB24, IOOF ready to fill the technology ‘gap’ left after WEXIT

The big banks’ collective retreat from wealth management left a giant void in terms of investment in technology and infrastructure. Given tech has been pegged as the saviour of advice, it’s up to platform providers like HUB24 and large groups like IOOF to take up the reigns.

Tahn SharpeJune 10, 2021

Technology

Beware fake investment news: ASIC

The corporate regulator has warned against an increased number of scams involving fake advertisements disguised as news articles from legitimate media outlets, or ones that contain bogus endorsements from the corporate regulator itself.

Tahn SharpeMay 24, 2021

Technology

ASIC to clean up ePayments with updated Code

The corporate regulator will aim to improve the existing code around electronic payments including ATM, EFTPOS, credit and debit card transactions, online payments, and internet and mobile banking with a consultation paper released Friday.

Tahn SharpeMay 21, 2021

Technology

Advisers have ‘no appetite’ for digital advice: ASIC

Feedback from the regulator’s consultation into affordable advice reveals advisers are keen on regtech but have little interest in digital advice because it costs too much and consumers aren't interested.

Tahn SharpeApril 14, 2021

Technology

IOOF goes the stack route, wary of ‘stretching’ advice tech

Darren Whereat is building out what is likely going to be the most widely used advice technology suite in Australia over the next five or so years. IOOF will be leveraging scale for new solutions, but that doesn’t mean Xplan is old news – yet.

Tahn SharpeApril 8, 2021

Technology

‘We have lost the plot a bit’: Michael Rice on advice regulation

The influential policy specialist has called for the Financial System Reform Act to be completely rewritten, noting that legislation has not kept up with technology and changes in thinking, particularly among the next generation of clients, during a panel discussion at the SMSF Association national conference.

Matthew SmithFebruary 18, 2021

Technology

Hub24: ‘Whole data’ sharing key to affordable advice provision

The platform provider is lending its resources to solving one of the advice sector's troublesome issues - how to standardise data sets across a multitude of advice practices and licensee outfits.

Tahn SharpeJanuary 12, 2021

Technology

Managed accounts put to the test during Covid drawdowns

How advisers implement investment recommendations has evolved significantly, most notably in terms of how this process is integrated into business, something that was tested during recent market drawdowns.

Nina HendyNovember 24, 2020

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