HNW investors snub robo-advice in favour of human advisers


New research has shown that robo-advisers suffer a lack of trust when compared to their human counterparts with 89% of investors saying they would avoid them.

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Widespread consumer mistrust of robo-advice revealed

Robo-advice is failing to win the trust of consumers despite massive advertising, a new poll has shown, falling well below human advisers.

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Financial Planner fights back against robo-advice

Financial Planning firm Symphony is to launch a free, non-advised digital investment management service to compete with robo-advice competitors.

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More consumers trust IFAs than robo-advice

More people trust an IFA to make an investment decision on their behalf rather than a robo-adviser, according to new research.

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