Robo-advice has taken off overseas but is a relatively new concept in New Zealand. This report, ‘Rise of the Money Robots: Kiwis’ attitudes to robo-advice,’ surveyed 1001 people to understand Kiwis’ attitudes toward the use of robo-advice to automate the management of their investment and retirement savings.
The upshot: Kiwis are open to the idea of a robo-adviser helping them manage their finances but still want real people available to help them with big decisions. We also identified a number of key findings from the main report.
More detail on these findings, together with additional analysis and data points, are available in the full report.