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Macquarie flags threat to SMSF investment advisers

Asset allocation and investment advice services will face the greatest challenge from recent fintech developments, according to Macquarie, with robo-advice platforms predicted to see rapid improvement.

Macquarie flags threat to SMSF investment advisers
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Speaking to SMSF Adviser, Macquarie chief investment officer, banking and financial services, John O’Connell, said the industry is seeing only the beginnings of robo-advice, with many of the offers on the market currently based on a fund of funds model where the robo-adviser invests in an underlying menu of ETFs.

Read the full story at SMSF Adviser.

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