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