Keeping pace with technology: What next for robo-advice?

'Robo-advice as a term probably won't survive'

clock • 4 min read

The world has changed significantly since the first robo-advice offerings were introduced but has the concept kept up? Dilan Oylum looks at the issues

Confronted with a choice of airlines between a fully automated pilot with nobody else in the cockpit, or an airline that used technology to support their pilots, how many people would choose the former to take them on a summer holiday? Maybe some, but I suspect not many. Nevertheless, there are more than 2 million accounts in the UK held with a robo-adviser, according to research from Boring Money. While the consequences of robo-advice may not have the same devastating consequences as a pilotless plane going wrong, they can still be quite profound. Robo-advice has traditionally relied...

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