Wealth

Robo-adviser Ignition Wealth has appointed a new head of advice and created a new division to offer XPLAN support and consulting for advisers preparing to adopt automated services.

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Robo-adviser Decimal has secured significant funding from IFM Investors, following a successful $2.29 million capital raising.

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Investors could be set to benefit from immersive virtual reality technology as early as the end of the decade, according to Brisbane-based company Khemistry.

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High-net-worth individuals are increasingly investing their wealth through robo-advisers as these services expand their offerings, according to Finovate.

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Despite experimenting with robo-advice, ANZ chief executive Shayne Elliott says it is unlikely his bank will have a competitive advantage in the robo-advice space.

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