Flying Colours: Does Guy Myles' low-cost advice firm pass the test?

Guy Myles is the founder of Flying Colours, a low-cost advice firm that launched last week. The company provides advice via webchat or phone services combined with its bespoke platform. It says its use of technology means it can offer advice at a lower cost than traditional methods, reaching consumers who don't normally have access to advice.   Q: What's your background? GM: I was fund manager for Mercury Asset Management between 1994 and 2000, then founded Octopus Investments and worked there for 14 years. I left 18 months' ago to set up Flying Colours.   Q: Why did you set ...