Sharesies to look at robo-advice once regulator rules on exemptions

Fri, 17 Nov 2017

By Rebecca Howard Nov. 17 (BusinessDesk) - Start-up fund distribution platform Sharesies will develop a plan to provide personalised, automated financial advice, known as robo-advice, once there is more clarity about regulatory exemptions. Last month the Financial Markets Authority decided to grant an exemption to enable the provision of robo-advice services under the current financial advice regime and said it aims to finalise the exemption and be open for applications in early 2018. "Once we get more information about the exemption...

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