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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Why the integration of AI in financial advice should focus on workflows, not wow‑factor

Why the integration of AI in financial advice should focus on workflows, not wow‑factor

'The biggest demand is not for more insights, but for less administration'

Mark Rendle
clock 31 March 2026 • 4 min read
Could a Linkedin AI platform be financial advisers' 'best kept secret'?

Could a Linkedin AI platform be financial advisers' 'best kept secret'?

Calm Authority built by financial planners for advisers

Sophia Panayi
clock 30 March 2026 • 3 min read
AI in financial advice starts with data that's fit for purpose

AI in financial advice starts with data that's fit for purpose

'The firms that benefit most from AI will be those that fix their foundations first'

Luke Miles
clock 26 March 2026 • 4 min read