Automated advice: OpenMoney launches online annual review service

0.5% for ongoing advice

Tom Ellis
clock • 1 min read
OpenMoney co-founder Anthony Morrow.
Image:

OpenMoney co-founder Anthony Morrow.

OpenMoney has updated its online advice proposition by launching a fully-automated annual review service for customers, prompting them to update financial details, investment goals and risk preferences at least once a year.

The firm, founded in 2016, said the annual review process would only take customers a few minutes. Clients are asked to confirm existing details and reminded that life events, like having a baby, buying...

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