FMA allows personalised robo-advice

The Financial Markets Authority (FMA), a regulatory authority for financial services in New Zealand, has issued an announcement to inform that has decided to grant an exemption to enable ... Read More
Robo Advisors

Robo-advice has been increasingly adopted; FMA seeks feedback on robo-advice exemption

The Financial Market Authority (FMA) of New Zealand has released today an announcement to get feedback on robo-advice exemption. According the announcement issued, the FMA is seeking feedback on ... Read More

German Finance Ministry Publishes Report on Fintech: Very High Growth in Recent Years

The German Federal Ministry of Finance or Bundesministerium der Finanzen, has published a report on the emerging Fintech sector. The document, authored by Prof. Dr. Gregor Dorfleitner and Jun.-Prof. Dr. ... Read More

ETF has invested $20 million in a robo advice wealth platform

WisdomTree Investments, Inc. (NASDAQ:WETF) announced that it has invested $20 million for a 36% equity interest in AdvisorEngine, formerly known as Vanare, an end-to-end digital wealth management platform which ... Read More

Robo-advice tools in the financial services industry still pose considerable legal risks

Speaking at The Adviser Network’s Digital Advice Conversations last week, Holley Nethercote partner Grant Holley explained that digital advice presents several legal challenges, particularly for services offering personal advice. ... Read More
business advisory

Fintech firms set to target business advisory

Business advisory services will be a major focus of fintech companies over the next few years, says an accounting software company, with considerable investment likely to flow into business ... Read More

ASIC consults on proposed guidance about ‘robo-advice’

ASIC today released a consultation paper and a draft Regulatory Guide on regulating digital financial product advice (also commonly known as robo-advice). ASIC Commissioner John Price said, ‘ASIC is ... Read More

Investors trust the media more than robo-advice, survey finds

More investors trust the media on investment than robo-advice services despite the rising numbers of start-ups and established companies entering the online space, according to Legg Mason’s 2016 Global ... Read More
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