Generalist advisers will be put under pressure by cheap automated alternatives as consumers increasingly question the value of advice, online adviser Wealth Horizon has said.
Provider LV= has bought a majority stake in robo-advice operation Wealth Wizards.
The Financial Conduct Authority (FCA) is set to explore how robo-advice could work within the current financial services landscape, as it expands a project encouraging innovation in the sector.
An award for the direct platform offering the most transparent and plain-English charges, terms and conditions has no recipient for the second year running.
A small IFA firm has used its love of social media to create an automated financial advice service for those priced out and cut-off from traditional advice.
Which platforms and planning tools have stood out for you in the last 12 months? Professional Adviser invites readers to vote for their favourites ahead of the premier event in the platform awards calendar...
Why advisers have to get under the skin of modelling tools
Aegon has launched a ‘third-way' retirement income product on its platform which gives retirees access to drawdown with a guaranteed level of income.
Financial services firms are failing to properly monitor and record their social media activity leading to increased compliance risks, a study has found.