AMP enjoys rise in adviser numbers; Do consumers trust AI-generated advice?

Australia’s largest financial advice licensee has led adviser growth over the past week, while 15 new entrants joined the industry.

A research paper has detailed whether individuals are more or less likely to change their investment decision when the advice is generated by human or by artificial intelligence, including any gender differences.

Did you miss the recent Money Management webcast? Watch the full video of the webcast ‘Addressing technological challenges for AFS licensees’ for free.

Platinum Investment Management has seen its first rise in funds under management in seven months, helped by positive investment performance.

The investment platform saw its highest-ever quarterly rise in funds under administration over the September quarter, as it also provides an M&A update.

Research house Investment Trends has made a new hire to head up its Australian sales team.

Sydney-based financial advice firm Sherlock Wealth has announced it is now operating under its own AFSL, one week after Andrew Sherlock took over as its chief executive.

In this episode of Relative Return, host Maja Garaca Djurdjevic chats with Chris McGibbon, global head of real estate at Nuveen, about the long-term outlook and why the “knife has stopped falling” in property.