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. 

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