Robo-advice can replace human advisers, who generally have a poor track record when it comes to investments, by removing financial incentives and risks from the process while being able to service ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Robo advice in the context of the financial services industry ...

Robo-advice has been on everyone's lips ever since the government unveiled freedom and choice, but the idea of relying on a computer to guide important financial decisions has not convinced everyone ...

Robo-advice has emerged as a substantial potential game-changer in Australia, according to the latest research released by Investment Trends. The research reveals that financial advice firms may be ...

Robo-advisors haven’t replaced traditional advisors as many expected when they emerged in the early 2010s. Instead, they have widened the availability of advice and influenced how all firms serve ...

It seems that hardly a week goes by without another wealth management firm rolling out its robo-advice offering. Without question, providing robo-advice presents opportunities to tap into underserved ...

VALLEY FORGE, Pa., Sept. 4, 2024 /PRNewswire/ -- Vanguard today announced that it will reduce the minimum asset requirement from $3,000 to $100 1 for its robo-advisor service, Digital Advisor, ...

(Bloomberg) -- BlackRock Inc. urged regulators to increase scrutiny of robo-advisers as customers flock to automated services, lured by low fees and ease of use. Regulators should ensure digital ...

LV, the mutual insurer, retirement and investment group, has revealed how much it has invested so far in improving its technology, including on its robo-advice arm Retirement Wizard. The provider has ...

Members of Congress on Wednesday criticized the Department of Labor’s support of so-called robo advisors, saying the online automatic investment tools were not an acceptable alternative to ...

Under the new freedoms, pension savers will need to make a decision on what to do with their pots when they retire. Most employees have no experience managing their money and will need some form of ...