There is a theory that 20% of employees do 80% of the work. We all know the super-efficient workaholics who prefer not to delegate. What about the 80% doing 20% of the work and at home? Are they working on their golf swing? Research conducted by Croner (UK employment law specialists), found UK employees spend,…
New technologies for financial planning – Open banking What is open banking? Open banking allows some customers to securely share their banking data with third parties that have been accredited by Australian Competition and Consumer Commission (ACCC). These would typically be other banks who are automatically accredited and fintechs who need to apply. It is…
New technologies for financial planning – AI [cherry_spacer size=”20″] What is artificial intelligence (AI)? Artificial intelligence (AI) is human-like intelligence that appears to learn, reason, plan and perceive. At the heart of AI are algorithms which are rules like; “if this condition is true then execute the following instruction (code), else execute some other instruction.”…
New technologies for financial planning – Blockchain What is blockchain? Blockchain at it’s simplest is a database. It is a very big database, housed on a powerful server which itself can comprise thousands of computers. A blockchain database A blockchain database is a collection of “groups”, known as blocks, which contain information. This system makes…
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