Posts tagged Disruption
Curated Content: The Future of Advice

Robo-advice, and other technological applications, may have had less immediate impact than some participants predicted, but they're also likely to have a more profound impact than other participants expect. It's difficult to predict the future so we offer you some tools and insights to assist you - Starting with John McDuling's "Behind Spaceship's ASIC fine: drama, tension and false funding news"  we add Gartners 'hype cycle', Mercer's Robo-advice report and Wired's excellent article "Beware of Roboadvisors Bearing Low Fees" 

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Trust, Culture and Enforcement

On 12 September 2017, ASIC Chairman Greg Medcraft presented at the Thomson Reuters Newsmaker event and articulated his view that ASIC is primarily an enforcement body responsible for promoting investor trust and confidence in financial services. With reference to the ongoing actions involving Commonwealth Bank, NAB and a range of smaller licensees, the Chairman discussed ASIC's priorities and addressed a variety of topics including trust, reputation and culture. This article explores the reasons, consequences and implications of those views. 

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