Could robots be giving advice to super fund members post-QAR?; Complexity of retirement finances a challenge for older Australians

The law “should not continue to assume that financial advice is being given by a person”, according to Michelle Levy, as she hints that advice from superannuation funds could be given by a digital advice tool.

The value of advice is hitting home at retirement, according to AMP research, which reveals 75 per cent of older Australians find the retirement system too complex.

Melbourne adviser, Tim Townsend, has launched his own financial advisory community called WealthLeaders eXchange to empower advisers and raise the bar of best practice.

Despite all the negativity around Chinese markets, these managers see a ‘once in a generation’ opportunity to buy quality companies at bargain prices, similar to the post-GFC era.

A new fintech brand has launched to offer software and services enterprise to the advice and wealth sector and has already signed up CFS as a client.

Risk Hub has partnered with Loyalty Financial Group on a pilot project to address the unmet advice needs in life insurance.

Domestic underperformance in the office sector means Australian property investors are turning their gaze towards global alternative real estate opportunities, portfolio managers say.