Chris Davies: The FCA's streamlined 'slap' for auto-advisers

During our tour of the UK last year promoting our regtech platform Model Office, we made it clear that those firms offering the poorly named ‘robo-advice' solutions really needed to carry out appropriate research and due diligence on the technology before employing it within their business proposition. Robo-advisers come in different breeds but can be placed into two broad camps - those moving into and trying to compete in the direct-to-client space and those empowering established business-to-consumer brands and financial advisers. For those who are empowering the incumbent market di...