Mercer launches Facebook advice service


Superannuation administration group Mercer has launched a new Facebook-based robo advice service that leverages artificial intelligence to calculate the amount of money users will have to retire on. The group sa.. Read More

Equity bias fuelling volatility


Adviser client portfolios in Australia were drastically overweight equity risk, which in turn was responsible for nearly all the volatility retiree clients were concerned about in their investment choices, according .. Read More

CFS launches managed accounts on FirstChoice


Colonial First State (CFS) has launched a managed accounts option on its FirstChoice platform, giving licensee clients the option to create bespoke portfolio options for advisers from the existing investment choices .. Read More

Long journey’s end sees Netwealth list


Independent platform provider Netwealth began trading on the ASX yesterday following a successful initial public offering that saw shares in the group offered at $3.70. In a statement, Netwealth said shares in t.. Read More

DomaCom in CoreLogic, Moody’s research deal


Fractional property investment group DomaCom has signed a subscription deal with the CoreLogic and Moody’s Analytics Australian Forecast Home Value Index, which will allow the group to offer new property invest.. Read More

Powerwrap director steps down


Platform provider Powerwrap has announced its interim managing director will step down, leaving the company’s board to oversee operations until its new chief executive starts work next year. In a statement.. Read More

Opinion: Machine learning is the new oil


There is so much discussion about artificial intelligence (AI), or machine learning, that the general population would be excused for going a little glazed in the eyes at its mention. People can touch and feel a.. Read More

AtlasTrend taps into global themes


New investing platform AtlasTrend is looking to expand its selection of theme-based international equities portfolios to financial advisers following the success of the group’s soft launch to direct investors l.. Read More

Value traps need avoiding


Investors considering making an allocation to a value manager needed to be wary their funds were not channelled toward value traps, a situation that could only be avoided through deep stock research, according to an .. Read More

Trustees more savvy with digital engagement


The number of superannuation trustees using social media to engage with super fund members had almost doubled in two years, according to a recent survey by global advisory firm Willis Towers Watson. “The.. Read More

Automation goes beyond advice process


Practice owners and licensees considering incorporating new technologies would do well to look beyond the advice process itself to other parts of adviser businesses that may benefit from automation, according to Prac.. Read More

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