FMA thinks hard about tech disruption in strategy refresh

FMA thinks hard about tech disruption in strategy refresh
Paul McBeth
By Paul McBeth Feb. 14 (BusinessDesk) - The Financial Markets Authority is bracing for rapid changes as a result of technology advances with automated financial advice, known as robo-advice, the most obvious candidate.  In a refresh of its strategic risk outlook, the market watchdog anticipates advances in technology will provide significant benefits to consumers through cheaper transactions, lower business costs, better product comparison and a broader range of available services. However, those will be accompanied by the risk of relying...