RG 255

Providing digital financial product advice to retail clients

Issued 30 August 2016. Digital advice (also known as robo-advice or automated advice) is the provision of automated financial product advice using algorithms and technology and without the direct involvement of a human adviser.

Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-255-providing-digital-financial-product-advice-to-retail-clients/. Rules Mate indexes + summarises; always verify against the regulator's live publication.