Untapped potential: Understanding the real power of robo-advice

Robo-advice is like using a Maclaren to go shopping

clock •

Robo-advice could be leveraged to solve the pensions freedom advice/guidance conundrum. It isn't rocket science, writes Bruce Moss...

Robo-advice has frequently been seen as a threat to advisers, or as substandard and gimmicky. This is wrong and seriously misses the important point that robo-advice is a complement to traditional advice. Robo-advice not only caters for clients who have traditionally been financially inefficient for advisers to serve, it also allows adviser firms to deal with volumes that are way beyond their existing capacity.   Across the pond The phase the UK is currently in is similar to that which happened in the US some seven years ago. When robo-advice started in the US it mostly foc...

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

Fintel names exec chair as it buys Mortgage Brain in £38m deal

Fintel names exec chair as it buys Mortgage Brain in £38m deal

Has held a stake in the mortgage technology business since 2024

Jen Frost
clock 23 October 2026 • 2 min read
AI becomes one of UK's leading 'advisers' with £47.4bn under influence

AI becomes one of UK's leading 'advisers' with £47.4bn under influence

‘AI is an incomprehensibly impactful wildcard in financial advice’

Jenna Brown
clock 22 October 2026 • 2 min read
In TikTok we trust? Just ask ChatGPT

In TikTok we trust? Just ask ChatGPT

In short, it's time to ‘get human'

Anna Plotnek
clock 22 October 2026 • 4 min read