Robo services hide some costs and must be clearer, panel says

A panel of industry experts has this morning expressed fears about the hidden costs for consumers of using robo-advisers.

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New robo boasts prices 'a fraction of an adviser'

A new robo-adviser has launched today claiming it can offer a service “at a fraction of the cost of a financial adviser or wealth manager”.

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Four in ten IFAs eye robo-services for smaller clients

More than four in ten IFAs (43%) are considering using robo-advisory services to provide a cost effective solution for smaller clients.

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FCA reveals special unit is supporting 9 new robo-advisers

Nine new robo-advisers are being developed with guidance from the FCA, it emerged this morning.

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