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Nikko AM granted second robo advice exemption

This follows Kiwi Wealth's exemption in May.

Calida Stuart-Menteath
Mon, 27 Aug 2018

The Financial Markets Authority has granted a second exemption to a fund manager to provide personalised digital investment advice, or "robo advice."

The market regulator allowed Nikko Asset Management NZ an exemption from the law, which says personalised advice to retail clients must be given

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Calida Stuart-Menteath
Mon, 27 Aug 2018
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Nikko AM granted second robo advice exemption
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