Trustees of self - managed super funds ( plc ) in Australia are turning their noses up at robo - advice , assuming no human involvement . The trustees are mistakenly under the impression that every service offered by a trustee - adviser is automated , according to Pat Garrett , operating at Six Park . This often is n't the case with many trustee - advisors opting for automated administrative services while retaining a trustee to oversee asset allocation .
Trustees of self-managed super funds (SMSF) in Australia are turning their noses up at robo-advice, assuming no human involvement. The trustees are mistakenly under the impression that every service offered by a robo-adviser is automated, according to Pat Garrett, CEO at Six Park. This often isn't the case with many robo-advisers opting for automated administrative services while retaining a human to oversee asset allocation.