Technology

Australia's MyPlanner Reportedly Creates Robo Tools For Advisors

Tom Burroughes Group Editor 20 January 2016

Australia's MyPlanner Reportedly Creates Robo Tools For Advisors

This publication brings latest news around one of the fintech themes of the moment - the "robo-advisor".

Australian financial services group MyPlanner is creating white-label “robo-advice” tools for advisors, according to ifa, an online publication.

MyPlanner managing director Philippa Sheehan was quoted as saying that the new tools will work online as well as through iOS and Android operating systems. Advisors will be able to display their own brands on the products.

"This transactional client base will lead to full financial planning advice over time as the client requires more in-depth financial planning," Sheehan was quoted as saying. "This advice tool will look to cover all elements, from cash flow management, portfolio selection, insurance purchase, SMSF establishment, ongoing goal tracking, with further phases introduced over time.”

MyPlanner is headquartered in Southport, Queensland.

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