Money Magazine

High-tech touch

Q What is a robo adviser?

A robo adviser (also called a digital adviser) provides automated, instantaneous financial advice based on a set of rules. It is typically the same as advice you might receive from a human adviser, with a more convenient user experience. Many people believe that the scope of robo advice is limited to investments only. But there are robo advisers that also provide advice on superannuation, insurance, debt and cash flow management.

GREG EINFELD

Q Why should I invest with a robo adviser?

Many investors are turning to robo advice because they’ve previously been unable to afford professional investment advice or haven’t felt confident with the advice they’ve received, especially at a time when

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