Lifebroker launches industry-first Facebook chatbot for life insurance quote comparisons

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Lifebroker, an innovative life insurance comparator, has announced the launch of Alfred, a Facebook Messenger chatbot that gives consumers 24/7 access to conversational quote comparison services. Alfred is the Australian life insurance industry’s first chatbot that compares life insurance options in real-time. Built with the support of Jade Software Corporation, Alfred was designed to respond to customer questions and […]

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Probability is power but numbers alone can’t change behaviour

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Uncertainty is a fundamental part of investing. The outcome of fluctuations in economies, markets, asset classes, regulations and investor behaviour is never more than a probability. Monte Carlo simulation can empower investors to understand such fluctuations like never before.  However probabilistic information can also make many prospective retirees uncomfortable. However high a model might suggest, […]

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Midwinter and PractiFI integrate to provide advisers with world class business management system

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PractiFI and Midwinter Financial Services have announced a software partnership which is set to streamline the financial planning advice process. Through both systems’ open API, PractiFI, the business management platform for financial services, will seamlessly integrate with AdviceOS, Midwinter’s flagship financial planning software. The integration provides users with connected access to both systems, allowing data […]

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Ignition Wealth provides adviser support with unique 12 step guide to digital advice

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Ignition Wealth has been actively supporting the Australian adviser market with digital financial advice solutions since October 2015. As the ‘robo-advice’ specialist setting the benchmark for digital financial advice in Australia, Ignition Wealth has an unrivalled knowledge and understanding of the issues advisers are facing and the questions they ask as they seek to understand […]

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Intergenerational Advice Part 1: the opportunity worth chasing

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Like most developed countries, Australia is facing the challenge of an ageing population. It is estimated that by 2020 there will be more 65 year olds than one year olds in Australia, leading to a complete inversion of the “population pyramid”[1]. This will pose a number of economic problems as the pool of active, productive […]

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Household debt reaches the highest highs: are your clients covered?

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The decision by the Reserve Bank to leave the cash rate on hold for the eleventh month in a row has surprised few. Even more unsurprising may be the news that Australians’ level of household debt has reached historical highs, at 190% of disposable income. These two events are not unrelated. Everyone from the RBA […]

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Topdocs launches new estate planning platform

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Leading legal document provider Topdocs has announced the release of Topdocs Protect, a new online platform that enables financial planners and accountants nationwide to request online and full service estate planning documentation and services including Wills and Enduring Powers of Attorney. Topdocs director Michael Spakman says Topdocs Protect provides financial planners and accountants with the […]

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Young family is $240,000 better off with financial advice

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In a new report by one of Australia’s biggest super funds, Sunsuper has found that financial advice could help a young family enjoy more lifestyle choices and be $240,000 better off at retirement. Sunsuper commissioned CoreData to conduct research and modelling of milestones and scenarios to better understand the value that financial advice offers Australians […]

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Equity Trustees boosts oversight capability with global FinTech solution  

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Equity Trustees has adopted a technology solution to further boost its professional funds governance capability. “As Australia’s leading provider of Responsible Entity services, we know that to maintain our lead we need to adopt the best solutions to ensure we can adapt to an ever-changing regulatory environment” said Harvey Kalman, Executive General Manager, Corporate Trustee […]

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Financial services industry encouraged to embrace RegTech

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Industry education provider Kaplan Professional and RegTech pioneer Red Marker are encouraging licensees and organisations to ensure they are well-equipped to face increased scrutiny from the regulator. The positive reinforcement follows a recent spate of incidents involving ASIC cracking down on noncompliance and regulatory breaches. Clear examples of this being ASIC’s focus on unlicensed accountants […]

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