John Lewis looks to tap into DIY investing boom with Nutmeg partnership
Record number of UK adults became DIY investors last year but doubts investment will sell with sheets, towels and dining room furniture
robo-advice
-
-
M&G and Charles Stanley target advice gap with low-cost services
‘The future is digital, hybrid and low cost’
-
Loss-making Nutmeg hits £3bn AUM as it inches towards profitability
Digital wealth manager saw a 230% year-on-year increase in net inflows
-
JPMAM taps into UK robo advice space through Nutmeg partnership
JP Morgan’s hiring of Shaun Port last year prompted speculation about its robo advice ambitions
-
How to stop robo-advisers malfunctioning
Moola becomes the latest digital wealth manager to close its doors
-
FCA approval for AI adviser opens door for small-time investors
Multiply described as the second wave of innovation after ready-made investment portfolios
-
Wealth managers battle to keep pace with robo technology
Tech upgrades become almost out of date straightaway
-
Iress launches software to target hybrid advice model
Up to 5.8 million people would be willing to pay for advice if it was cheaper
-
Advised clients fail to jump on board as ETFs eclipse index funds
ETFs account for almost half of passive assets in Europe
-
Robo-advisers fight for 3% of UK population
FCA finds few investors access online services
-
FCA warns firms of robo-advice failings
Firms offering robo-advice have been accused by the UK’s Financial Conduct Authority (FCA) of using unclear charging structures and failing to protect vulnerable clients.
-
Treasury predicts 16m people to benefit from robo-advice
Asset and wealth managers have been urged to embrace robo-advice in order to reach millions more adults in need of money advice in the UK by a Treasury paper published Wednesday.
