Simon Miller

Simon believes that "the core of the company is digital because that's what is scalable".

With the recent introduction of open banking, Dann says that this will bring an opportunity to give a more "personalised experience".

There is a difficult guidline to follow when it comes to open banking regarding GDPR but Simon thinks that companies are "quick to rectify any problems they might cause".

Brexit being a hot topic, Brian said he has seen minimal impact with WealthSimple's primary market being in Canada. However, Simon said that Scalable Capital have noticed potential hires delaying their responses because of it. 

• Hugh said she sees consumers hugely overspending on insurance.
• Ford said the psychology of saving is a hugely complex and difficult subject. The relationship between spending and saving and is being wrapped-up in “spending being the enemy of saving.” People also tend to say one thing and do another, he adds.
• Savova, meanwhile, said one of the problems with ‘roundups’ – an increasingly popular method of saving for financial apps - is that it hard to save a meaningful amount and then when someone’s pot does become large people tend to withdraw it.
• Scalable Capital’s CEO Miller adds that recent hype around cryptocurrencies won't cross over into the savings industries.

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