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Why artificial intelligence won’t replace advisers anytime soon

Why artificial intelligence won’t replace advisers anytime soon

19 July 2019

Simon Clare The robots are coming and they are after our jobs, so we’ve been told. Huge advances in artificial intelligence mean machines are now capable of doing many of the tasks once carried out by humans. That’s good news for employers, who will benefit from greater efficiencies, but it could potentially mean bad news for less... MORE

IT frees wealth managers to focus on clients

IT frees wealth managers to focus on clients

19 July 2019

Jason Tong Times are changing in wealth management. The industry is being sandwiched between the revelations of the banking royal commission and investors crying out for better, faster, more personalised service. And technology will drive the transformation, according to Paul Dunn, Bravura’s Client Relations and Sales Director for APAC. ‘‘I think the market is looking for something... MORE

5 Key Essentials for a Successful Data Migration

5 Key Essentials for a Successful Data Migration

8 July 2019

Roshan Ranasinghe Today’s wealth management industry is seeing an unprecedented level of increasing regulatory pressure on banks, superannuation and investment funds in relation to disclosure and transparency of costs and fees and data automation. For these businesses, this means that maintaining quality data in their core platform is fundamental to success going forward. Regulatory demands, fund consolidations... MORE

Moving to the cloud? Everything your business needs to know to get started

Moving to the cloud? Everything your business needs to know to get started

21 May 2019

Wade Weirman By 2020, it’s predicted more than 90% of businesses will be using multiple cloud services and platforms, with Australia’s cloud services market alone expected to reach $2.8 billion by 2022.[1] At Bravura, around 70% of our financial services clients are utilising some level of cloud services – from hosting development/test environments, to full production outsourcing... MORE

Four lessons the UK’s pension industry can learn from Australia and New Zealand

Four lessons the UK’s pension industry can learn from Australia and New Zealand

11 April 2019

Natanje Holt Auto-enrolment has transformed the UK’s savings culture in the seven years since it was introduced. By adopting ‘nudging’ principles, the Government hoped auto-enrolment would prevent large swathes of society from facing poverty in retirement. While we have taken big strides towards achieving this, there are several hurdles to clear to ensure everyone in society can... MORE

Is it time for an auto-enrolment for protection?

Is it time for an auto-enrolment for protection?

3 April 2019

Freddie Findlater Auto-enrolment has, arguably, done more to foster a savings culture in the UK than any Government policy has before. With 10 million extra people[1] in the UK now saving into a pension, is it now time to turn our attention to another major issue – closing the country’s protection gap? Astonishingly, nearly two-thirds of us... MORE

Power to the people: Can investors use Open Banking to take control of their finances?

Power to the people: Can investors use Open Banking to take control of their finances?

13 November 2018

Freddie Findlater Today most investors see their financial picture in fragments, with little connection between their short-term savings and longer-term vehicles such as a pension. For many, a financial adviser can play an important role in bringing this together and helping people see a fuller picture of their wealth. However, professional advice is still not necessarily accessible... MORE

Opportunities from Open Banking: Can sharing data allow companies to nudge investors to save more?

Opportunities from Open Banking: Can sharing data allow companies to nudge investors to save more?

16 October 2018

Freddie Findlater As an industry we are fully aware that engaging people with savings, whether that be long or short-term, has always been a struggle. We have been battling for many years to get consumers to understand the need for savings and, while we still have a long way to go, the industry is taking steps in... MORE

How Open Banking could improve the quality of retirement planning advice

How Open Banking could improve the quality of retirement planning advice

27 September 2018

Nick Parsons They say it is never too early to start planning for your retirement and, since pension freedoms opened a range of new opportunities for savers, being sufficiently prepared has never been more important. The decisions that savers make at retirement could shape their income for the rest of their lives. The importance of which advisers... MORE

Open Banking can help transform financial advice

Open Banking can help transform financial advice

20 September 2018

Freddie Findlater Open Banking has ushered in a new era of data sharing that could transform the way we borrow, save and access financial products. While the benefits to consumers have been well trailed, most analysis of Open Banking fails to unpick the potential effects on the financial planning industry. Its arrival comes at a time of... MORE