Savings and Investment
A roundup of daily robo-advice news
Robo-advice news from around the world, summarised daily.
FCA chairman John Griffith-Jones has confirmed he will retire at the end of next year, ending his five-year term.
Mr Griffith-Jones has argued that the line between guidance and advice has become “greyer” because of the rise of robo-advice, but taken a light touch approach to regulation.
Read more at Money Marketing.
Top dog at Aussie investment manager Challenger has invested heavily in robo-advisory to tap into the post-retiree marker.
Paul Rogan believes that the lower prices that robo-advice offers together with the growing market in retirees make for a growth market.
Read more at the Financial Review.
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