Wealth

Platform provider HUB24 has flagged the launch of new compliance technology for advisers following its purchase of a stake in listed advice group Easton Investments.

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The governor of the Reserve Bank has said investments into data and digital infrastructure will be essential for the Australian economy, with hints the central bank will be soon revealing details on its potential digital currency.

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While robo-advice has failed to thrive in the Australian market, there are important lessons financial advisers can take from robo offerings to create a bionic advice experience that meets the needs of today’s client, according to Iress.

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The national president of an advice industry peak body has called for the government to put its money where its mouth is in spruiking technology as a solution to advice affordability, by providing regulatory certainty and bringing industry stakeholders together to make tech solutions work efficiently.

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The advice technology group has said it will deliver an industry standard technology solution to store data required by licensees as part of ASIC’s new design and distribution obligations.

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