Meeting the Future: ‘Fiduciary Obligations and Robo Advice’ | Law

Meeting the Future: ‘Fiduciary Obligations and Robo Advice’

Event date: 
14 June 2018
6:00pm to 8:00pm
Venue: 
The Law Society of NSW Level 2, 170 Phillip St, Sydney
Topic: 
Meeting the Future: ‘Fiduciary Obligations and Robo Advice’

Robo financial advice is seen as a way of ‘democratising’ financial advice and of providing low cost financial advice to consumers.

Financial institutions, regulators and consumers are increasingly aware, however, of the statutory obligations of advice providers. Could this statutory focus distract from other compliance obligations? In particular, equitable fiduciary obligations may bind those who provide robo financial advice.

This Look Who’s Talking is hosted by Law Society of NSW President Doug Humphreys OAM and UNSW Law Dean Professor George Williams AO and features a panel of experts including:

The panel will lead a fascinating discussion that highlights the risks and potential solutions for lawyers and explores:

  • To what extent do those who give financial advice via a robot or other algorithmic means risk breaching equitable fiduciary obligations?
  • Are there embedded conflicts in this method of providing financial advice?

 

Arrivals and Drinks from 6pm, Panel from 6:20pm 

Followed by Q&A and Networking Drinks and Canapes