Submitted by Richard on Tue, 2023-01-17 10:11

Problem is, it can often be confidently incorrect. It doesnt have a human guage on its limitations of knowledge and the implications of getting something incorrect. For example, try and ask it to compare the advantages of an agreed value or indemnity income protection benefit. It confidently claims that you can be paid more under an indemnity policy than the scheduled benefit if your income has increased since policy was taken out.

The content of this field is kept private and will not be shown publicly.
 

MARKET INSIGHTS

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

baffled

I don't have any faith in the regulator. I've stopped reading these and just think some poor guy got busted for a spell...

5 hours ago
Chris Cornish

By having trustees supervise client directed payments from their pension funds, Stephen Jones and the federal Labor gove...

3 days 10 hours ago
Chris Cornish

Now we now the size of Stephen Jones' CSOLR tax, I doubt anyone will be employer any new financial adviser from this poi...

3 days 10 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

10 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months 2 weeks ago