True Potential confirms role in FCA's robo-advice group

It was announced yesterday nine firms had been accepted into the Financial Conduct Authority's (FCA) robo-advice unit, with eight of them established financial services businesses, according to FCA director of strategy and competition Christopher Woolard. While developing a technology-based ‘robo' offering with the FCA, True Potential is also focusing on providing a hybrid advice service where, if need be, an adviser will always be at hand for a client throughout the process. "'Robo-advice' is a term I hate," said True Potential senior partner Daniel Harrison (pictured). "It's an Amer...