Advisory

Robo-advice is like using a Maclaren to go shopping

New hires for launch

Rathbones to buy out Vision Group

Headed by former Sanlam director Speirs

Groundwork for telephone-based proposition

Four multi-asset portfolios on offer

Fees described as 'anything but' transparent

Wealth manager Mattioli Woods has bought advice firm Taylor Patterson for £8.3m, adding a further £640m to its £5.4bn of client assets.

Firm targets 'mass affluent' through technology

Rathbone Unit Trust Management chief executive Mike Webb has urged advisers to consider the sustainability of fund performance when doing their due diligence, as he warned there is "still too much herding" going on in the market.