[1] The National Australia Bank has launched an online digital advice platform aimed at providing advice to customers who don’t have an active relationship with a financial adviser.
[2] The extension to its online banking service, dubbed ‘NAB Prosper’, will offer customers computer-generated financial assistance in place of a human financial adviser.
[3] The system prompts customers details such as income, age and retirement goals before providing advice based on the given responses – with the option to seek further guidance.
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