Ann: Indicative Acquisition Timetable, page-301

@CJTJ
Personally i would love to hear something this week, but am prepared to hang on.

This might help you calm down:

20 days after this 10June15 article, AMP went on trial with Intiger (part Robo + part human) on 1July15 (?).

Got to love last para.

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• The rise of the robo-advisers - Fintech Business
  www.fintechbusiness.com/blogs/101-the-rise-of-the-robo-advisers Cached
  10 Jun 2015 ... Automated financial advisers – 'robo-advisers' – are coming to the ... to innovative ideas; ANZ and AMP are amongst the main partners of a ...

10 June 2015

Automated financial advisers – ‘robo-advisers’ – are coming to the wealth management market with the aim of disrupting the industry….


…With portfolios typically focused on mutual funds, ETFs and cash deposits (for the most risk-averse customers) and exclusively offering general advice, robo-advisers present several advantages, including:

• Lower fees:.....

…Most of Australia’s largest financial institutions seem to have an interest in being an active part of the growing start-up environment.

Westpac and St George are providing direct funding and support to innovative ideas;
ANZ and AMP are amongst the main partners of a new fintech-focused start-up space in Sydney; and CBA has its own Innovation Lab.


...In fact, the Automated Investment Advisers Global Market Review found that robo-advisers appeal not only to their natural younger audience – technology-savvy and with smaller investment capital
– but also to more sophisticated investors aged 60 and over, attracted by the opportunity for greater transparency, more control and lower fees.


The robo-advice revolution in Australia is still in its early stages and only time will tell if a small start-up
or a large financial institution will launch the platform that will receive enough interest to gain noticeable market share and take on the players from overseas that are targeting Australia.