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

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 was hosted by Law Society of NSW President Doug Humphreys OAM and UNSW Law Dean Professor George Williams AO and featured a panel of experts including:

Jessica Hudson, Senior Lecturer, UNSW Law
Alistair McKeough, Managing Director, Whittens & McKeough
Simun Soljo, Managing Associate, Allens
Moderator: Simone Degeling, Professor and Co-Director, Private Law Research & Policy Group, UNSW Law.