Standalone robo-advisers struggling to survive
Has the wealth management industry reached peak robo?
Robo-advice
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Three Asia focused robo advisers compared
Three “robos” from the crucible of wealth tech share their data versus benchmarks
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Only 1% of consumers using robo-advice
Despite many fintech firms proclaiming robo-advice growth, a major survey by GlobalData has revealed that, across the generations, only 1% of consumers are using the technology to invest.
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Massive differences uncovered by robo adviser secret shoppers
European robo advice operators have been severely criticised in a report which found fees obscured as well as “inexplicable” portfolio and performance differences.
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Honeymoon over for robo advice
The UK’s Financial Conduct Authority (FCA) has made it clear it will hold robo advice firms to the same high standards as human advisers, with experts saying the honeymoon is now over for those trying to curb the rules.
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FCA warns firms of robo-advice failings
Firms offering robo-advice have been accused by the UK’s Financial Conduct Authority (FCA) of using unclear charging structures and failing to protect vulnerable clients.
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Robot revolution poised to shake-up fund industry
Asset managers may soon be able to use cutting-edge deep learning technology to gain a defensible competitive advantage, according to AI expert Nick Bostrom.
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Beware the double-edged sword of technology
With advisers and life companies rushing to embrace technology to boost their clients’ user experience, a survey from PwC has found that the majority of consumers want more human interaction in future, not less.
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Allianz backed robo-adviser launches Sipp
Digital wealth manager Moneyfarm has launched a self invested personal pension (Sipp).
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Malaysia readies robo-adviser licence
Malaysia’s regulator has provided details on applying for a robo-advisory asset manager licence, after first announcing the plan in 2017.
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5 steps to stay ahead of the demand for digital advice
Most clients would not hesitate to switch advisers for firms with better digital capabilities according to an EY report, which gives five tips for staying ahead of the robo-advice curve.
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International robo firm launches low cost advice offering
Scalable Capital, a UK and European digital wealth manager, has launched a financial advice service.