COVID-19 is the final nail in the coffin for traditional thinking around advice, according to new white paper

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A new white paper (Is it red tape or is it me? Deniers, devotees, and the digital advice revolution) commissioned by online investment manager Six Park has revealed that COVID-19 has increased the pressing need for affordable and accessible financial advice in Australia, but the need can’t be effectively met until perceived red tape is

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ASIC research confirms the need for change, says Australian robo advisor

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Leading Australian online investment provider, Six Park, says ASIC’s latest report (Financial Advice: What Consumers Really Think) confirms the need for industry change and showcases the great opportunities that lay ahead. Six Park co-CEO Pat Garrett said the research supported what was already anecdotally known throughout the industry – high fees and low trust are

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Six Park welcomes Danielle Press to the board

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Automated investment provider Six Park has announced it has appointed Danielle Press to its board of directors. Danielle is a former CEO of Equipsuper, former CEO of Myer Family Company (MFCo) and also spent 17 years at UBS Global Asset Management, including as managing director. Six Park CEO, Patrick Garrett, said the team was thrilled to welcome

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Who’s using automated investment services and why: Robo-adviser shares customer insights

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A customer insights study by automated investment service Six Park has found that more than half its clients are using the robo-investment service to grow wealth outside of super (36.5%) and for retirement savings (28.6%). These long-term goals ranked higher than the desire to save for property or saving for short-term goals such as holidays

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Six Park partners with Heffron to launch transparent, low-cost SMSF solution

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Automated investment provider Six Park has announced it has partnered with leading independent self-managed super fund (SMSF) administration provider Heffron to offer a transparent, low-cost, digitally driven, end-to-end SMSF service. The partnership allows SMSF trustees to establish an SMSF and take advantage of robo-advice for their fund, with Heffron managing the compliance and Six Park

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2018 Global and local economic outlook

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The global economy is on course for its best year since 2010 as GDP in both the U.S. and the Eurozone is now expected to grow more rapidly than had been previously forecast, according to the OECD, with acceleration likely in 2018. Corporate earnings growth in developed and emerging markets has been strong (above 10%) and

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