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Big four firm lashes out on advice firms' lack of tech take-up

A global report by one of the big four accounting firms indicates wealth management is one of the least tech-literate sectors in financial services, with urgent action needed as relationship managers are "dangerously overestimating" their firms' digital capabilities.

Big four firm lashes out on advice firms' lack of tech take-up
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  • Shared by SMSF Adviser
  • June 07, 2016
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According to the report, titled Sink or swim: Why wealth management can't afford to miss the digital wave, 69 per cent of high-net-worth individuals (HNWIs) are now using online and mobile banking, but only a quarter of advisers offer digital channels beyond email.

Read the full story on SMSF Adviser.

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