Open banking expected to reduce cost of advice

The group also said that this level of data analysis could also help empower investors so they have a better understanding of their spending habits, especially how it may change in retirement.


Robo-advisor performance August 2018

Discussion about the rise of robo-advisors has been theoretical – whether they will support or compete with wealth management or more generally disrupt the industry.


Robo-advice not dead: GlobalData

Woldemichael added the average account balances of the biggest UK robo platforms suggested robo-advice was "a mass market game," with excessive fees the reason investors didn't flock to UBS' robo offering.


Who will be the winners in the robo game?

“The banks have clients already. The opportunity is to shift a lot of deposit, credit card or mortgage holders to a more digitised investment service,” he said.


UK tops US for FinTech investment, KPMG study shows

To that end, the Big Four firm’s ‘Pulse of Fintech’ report found that the UK also topped Europe for FinTech investment, accounting for more than half of the total investment, which stood at $26 billion.