Robo-advisers could be looking to buy out retiring IFAs to gain their clients, a report says.

The FCA has been told it should “urgently apply the brakes” on robo-advisers and systematically review the sector.

Young UK investors are the keenest on robo-advice in the world, a study has indicated.

Robo-advisers can never replace human Financial Planners because they lack the ability to empathise and understand a client's hopes and dreams, the director of a Financial Planning firm says.