Robo-advice could be a way to bridge the so-called advice gap, The Association of Professional Advisers has told the Government.

A pensions firm is offering free robo-advice on retirement for the most vulnerable people in society.

Robo-advice is far from a ‘silver bullet’ and risks leading to poor choices being made by consumers reaching retirement, the managing director of a pension firm says.

Fidelity UK has begun recruiting for a new robo-advice service – though the firm has not officially announced such plans yet.