Workplace super questions robo-advice
Workplace super specialists have started questioning the role of robo-advice in the workplace and whether it was a threat or an opportunity, according to the Workplace Super Specialists Association (WSSA).
WSSA chief executive, Douglas Latto, said things were moving rapidly in a space that has traditionally been the domain of the workplace super specialist.
"The question being asked by many of our members is whether it will replace our tried and tested model, or whether it will enhance it," Latto said.
The comments come ahead of WSSA's inaugural conference in Sydney this week, with a panel discussion on robo-advice, with head of marketing at Decimal, Joanna McCarthy, and founder and managing director of FinDigital, Ian Dunbar, featured in the panel discussion.
Strategic development CBA Wealth Management executive manager, Ben Grauer, and strategic advice leader, financial advice of Mercer, Richard Ebbs, will also join the panel discussion.
Recommended for you
A relevant provider has received a written direction from the Financial Services and Credit Panel after a superannuation rollover resulted in tax bill of over $200,000 for a client.
Estimates for the calendar year 2024 put the advice industry on track for a loss in adviser numbers as exits offset gains from new entrants.
Adviser Ratings shares five ways that financial advice changed in 2024 with an optimistic outlook for 2025, thanks to the Delivering Better Financial Outcomes legislation.
National advice firm Invest Blue has announced several acquisitions, including the purchase of an estate planning and wealth protection business Lambert Group.