Technology and research firm Capital Preferences is launching a program in Australia with several advice firms to uncover the risk preferences of their clients and how they match with portfolios.
Australians impacted by misconduct in the financial advice space have received just under $5 billion in compensation from six of the largest banking and financials services entities.
Technology has been instrumental in the significant growth of financial advice in the UK over the last decade and a major UK player is eager to transform the local advice market.
The health and wellbeing specialist bolstered its investment into financial advice with a newly formed managerial team in its Retail Distribution business.
After seven weeks of waiting, the final report of the Quality of Advice Review was released in early February, prompting eager reading by the advice industry.
