Robo-advice News Wrap: Top European NGO backs robo-advice

By David Tuckwell on Wednesday 14 June 2017

Savings and Investment

Robo-advice news from around the world, summarised daily.

Robo-advice news from around the world, summarised daily.

Robo-advice might be the saving grace for European investors who are getting a raw deal from traditional financial advisers, Brussels-based consumer advocacy group Better Finance has claimed. It could help lower fees, improve transparency and make capital allocation more efficient. It could also give European financial services a much-needed shake-down.

Read more.

Robo-advisers could be the best alternative for millions of pensioners as only one in five are willing to pay over £100 for financial advice, a columnist at FT Adviser has argued. Numbers alone suggest that robo-advice will be the only economically viable way to fill the demand.

Read more at FT Adviser. 

This article was originally published on www.roboadvicenews.com.

Sign up for our newsletters


Your daily 7am download of all things alternative finance and fintech.

Fintech and alternative finance headlines with an exclusive Editor's Note each week. Delivered Monday at midday.