Roboadvice on horizon
Monday, January 22nd 2018, 12:25PM 
1 Comment
The Financial Markets Authority expects to be open for applications from providers wanting to offer roboadvice by the end of March - and possibly sooner.
A number of businesses had indicated they were likely to apply for the exemption that will make personalised digital advice possible ahead of the introduction of the Financial Services Legislation Amendment Act.
Most banks are believed to be readying robo offers. Others, such as Sharesies, have also flagged their intention to make use of the exemption.
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