"Bring it on" and "Customers will realise there are better alternatives" were two adviser reactions to the news NatWest is launching a robo-advice service to its five million-strong customer base on Monday.
Using IBM's 'Watson' AI technology
Customers to be charged for holding money
More than a hundred thousand Natwest and Royal Bank of Scotland customers are being automatically switched into current accounts with much higher overdraft charges.
Regulators have fined the Royal Bank of Scotland (RBS), NatWest and Ulster Bank £56m for IT failures which meant customers could not access banking services.
Mortgage advisers are reporting a rise in Help to Buy enquiries, despite the fact they are unable to places cases yet.
The government's popular Help to Buy mortgage scheme could threaten financial stability if it is mismanaged, a group of MPs has warned.
A quarter of UK bank customers have experienced problems with their account in the past 12 months, according to a survey by consumer group Which?.
Some of the UK's biggest high street banks are failing to give the right advice to customers on transferring and managing their cash Isas, according to the results of a 'mystery shopping' exercise.