robo-advice

Retirement

World’s first adaptive DC retirement model developed

A revolutionary program that offers robo-advice on optimal investment plans for individuals could change the face of retirement offerings for superannuation funds. The model, which has been created by three actuaries, factors in detailed statistics on investment, health and mortality, alongside personal data on wealth, income requirements and risk preferences. The multiple inputs have been […]
Investment Strategy

Sunsuper begins development of ‘guided advice’

Sunsuper is utilising its new alliance with Vanguard to develop guided advice for members as an alternative to robo-advice. With a low average account balance of $31,000 Sunsuper has been examining cost-effective ways of delivering personalised limited scope financial advice to members and thinks that Vanguard’s guided advice model “works incredibly well”. “Vanguard’s experience with […]
Policy and Regulation

Robo-advice can easily comply with FOFA

Super funds delivery of electronic financial advice to members has been “slow off the mark” because of regulatory worries, but compliance is simple, a legal expert said. Compliance with the future of financial advice (FOFA) can be easily achieved if the scope of the advice is limited, and funds are “in a unique position” to […]
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