Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 4 min read

Robo-advice, income drawdown and house prices - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

March of the robo-advisers From the array of issues contained in the FCA's asset management market study covered extensively in Professional Adviser last week, this Sunday Times article distils a simple enough message for consumers - that they could save a significant sum by using a robo-adviser instead of a traditional financial adviser. The lang cat founder Mark Polson is quoted as saying traditional wealth managers tend to charge around 2% to 3% while the online alternative could cost just 0.3% to 1.3% - and the article goes on to argue a seemingly small percentage difference could ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

March 2024: Month in review with deputy editor Jenna Brown

March 2024: Month in review with deputy editor Jenna Brown

Take a look at some of the news and feature highlights of the last month

Jenna Brown
clock 28 March 2024 • 5 min read
Wren Sterling adds £265m in client assets in latest deal

Wren Sterling adds £265m in client assets in latest deal

First advisory firm purchase of 2024 for national financial planner

Jenna Brown
clock 28 March 2024 • 1 min read
Consumer Duty Alliance looks to attract advice industry talent

Consumer Duty Alliance looks to attract advice industry talent

New Talent Alliance will be chaired by M&G Wealth Advice MD Tom Hegarty

Isabel Baxter
clock 27 March 2024 • 2 min read