robo advice

Robo-advice is like using a Maclaren to go shopping

Aim to improve access to advice

David Stevenson asks why finance professionals continue to charge such high fees for their services in the face of massive technological change.

Firm targets 'mass affluent' through technology

The news the government and the FCA are to launch a major review into consumer access to financial advice has been widely welcomed.

Does the govt want to resurrect banks' advice role?

Provider LV= has bought a majority stake in robo-advice operation Wealth Wizards.

The Financial Conduct Authority (FCA) has laid the groundwork for firms to come to market with ‘robo-advice' models, its director of strategy and competition Chris Woolard has suggested.