Royal London launches D2C financial planning tool

Consumers must pay a subscription of £8 per month, £20 per quarter or £75 per year to use the tool. MoneyVista is not aimed at people who have a financial adviser and does not recommend or transact financial products, Royal London said. However, it does provide indicative costs of products, and has "health warnings" on complicated topics pointing users towards financial advice, the provider said. Martin Peterlechner, head of marketing at MoneyVista, said: "We have consulted with consumers and industry experts to help us develop, build and test the service. "Self-directed consume...