Robo-Advice

May
20

Triple A Super partners with Ignition Wealth to provide online advice for SMSF’s

Leading SMSF administrator Triple A Super will provide SMSF administration services through automated advice provider Ignition Wealth.   “The rapid adoption of technology in financial services is driving the trend towards a full service, onestop shop solution for advisers with SMSF clients.” Brian Pedretti, CEO, Triple A Super.   Triple A Super’s newly launched Preset administration service, with online reporting and administration services, delivers significant business efficiencies and data accuracy. Clients include wealth advisers and accountancy practices servicing SMSFs.   “Preset, Triple A’s new online administration offering has already been approved by a large number of dealer groups and IFAs. The integration with Ignition Wealth will enable advisers to receive […]

DETAIL
May
13

Super funds well-positioned on robo-advice

Thirty-six per cent of people would prefer to get robo-advice and similar services from their superannuation funds, rather than the major banks, according to new research released today. The research, contained in the Investment Trends Direct Client Report has pointed to the high number of Australians choosing to make and activate financial decisions without the help of a financial adviser. However the report points to robo-advice as being a key tool in helping deliver necessary assistance to consumers, and to the positioning of superannuation funds in delivering the answers. In what represents a new area of research for Investment Trends, the company has looked at the appetite of Australian adults […]

DETAIL
May
05

Budget 2016: An opportunity for Investors to embrace Automated Investment Advice

Treasurer Scott Morrison’s moves to enact measures to allow everyday Australians to boost their superfunds can only be welcome. Specifically, allowing those who have been out of the workplace due to childcare or illness to make top up payments on their return to work will go some way to addressing the fact that women in Australia typically retire with much smaller funds than men.   Ignition Wealth CEO Mark Fordree believes that despite the headline contribution cap being reduced for those under 50, the catch up provisions are a great opportunity for everyday investors to maximise the potential of their investments and superfunds. It is essential for long term wealth […]

DETAIL
May
04

Artificial Intelligence, Algo-Banking, Blockchain, Cryptocurrencies and Robo-Advice Form Growth of Australian FinTech Market

Fintech is a disrupting force and a decentralising movement in the financial services sector. Fintech’s apply information technologies and modern internet protocols for data exchange, and deliver financial services using data storage, data analysis algorithms, or personal telecommunication devices. Digital ecosystems are fundamental to the success of both Fintech and traditional banks. Frost & Sullivan’s study, Fintech in Australia – Trends, Forecasts and Analysis 2015 – 2020 defines and focuses on the growth and challenges of the Australian Fintech sectors’ three market segments; Digital Payments, Personal and Business Finance, and Financial Infrastructure and Data Analysis. Each segment relies on its own set of digital technologies. Digital Payments Digital Payments are […]

DETAIL
Apr
29

The Australian fintech start-up streamlining access to US stocks

Australian investors could soon be able to buy international shares direct from their Facebook Messenger app, using the social network’s recently unveiled chatbots. That’s one of the possibilities under consideration by start-up online broker Third Party Trade, which opens to investors today and aims to make it easier and cheaper for Australians to buy US shares. Facebook this month highlighted plans for chatbots through its Messenger app, which would allow users to interact with businesses and make purchases through the app. Third Party Trade chief executive and New York-based Australian Michael Giles says investors could soon use Messenger to ask a chatbot for the latest price of Apple shares, and […]

DETAIL
Apr
27

The fintech phenomenon: Do Aussies only want to borrow from banks?

Marketplace lending, online business loans, robo-advice, blockchain – none of it means anything without consumers. So what do Aussies think of fintech? The threatening, disrupting nature of fintech is a widely discussed topic, with consumer benefits often being the focus. However, what’s interesting is that in the push to get companies, ideas and funding across the line, the actual customer — whether they’re a borrower, investor or seeker of advice — often gets left behind. Robert Allen, director of payments technology and consulting at PwCm spoke about what’s driving fintech at a Fintech Sydney event this week. “Fintech is being pushed forward by a new way of thinking, by millennials, […]

DETAIL
Apr
27

Ignition Wealth Teams’ integration as easy as 123

Following the April 14 launch of Ignition Wealth Teams the effortless integration process has ensured an enthusiastic response from professional financial businesses including advice practices and accountancy firms.   “We are committed to building real partnerships with businesses in the professional financial industry. For clients adopting the off the shelf version of Ignition Wealth Teams we have made the integration process absolutely effortless. There is no upfront cost to the business and integration can be completed in as little as 24 hours. For businesses daunted by trialling automated advice this is the solution simple, fast and costfree.” Mark Fordree, CEO, Ignition Wealth.   With three simple steps the Ignition Wealth […]

DETAIL
Apr
26

Ignition Wealth evolves launching new Ignition Wealth and Ignition Direct websites to need demand

PRESS RELEASE: Ignition Wealth today launched two new websites, splitting the business to business and direct to consumer offerings to meet demand. Ignition Wealth business partners will now be served via www.ignitionwealth.com while direct investors have a new dedicated website at www.ignitiondirect.com.au.   Setting the benchmark for Australian automated advice, (or ‘robo advice’) Ignition Wealth provides tools, calculators and automated advice to Australian financial businesses. The Ignition Wealth website ( www.ignitionwealth.com ) will now host all the information our business partners need as they embrace automated financial advice.   “Following the rapid expansion of the business to business arm of our company we have created a site entirely dedicated to […]

DETAIL