Robo-money advice under the microscope

13-Oct-2015 #Globalwealth Source: BBC

With the buzz around robo advisory increasing by the day, a consultation will see the Treasury and City watchdog take views about the cost of advice. The review will consider all types of retail financial products including pensions, savings, mortgages, and insurance. Along with price and availability of products and services, the review must also address gaps in people’s knowledge and understanding of what help they can get with planning their finances, and how to access it.

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