View more on these topics

Fidelity recruiting for UK robo-advice push

robot

Fidelity’s UK business is recruiting a new programme manager to drive the launch of a robo-advice service.

In a job advert on the firm’s careers site, the firm says it is developing a portfolio management service to be used by both advisers and clients building portfolios with specific goals.

Fidelity says: “This will be a full service offering, covering digital and personal channels.

“This is being commonly referred to in the market as ‘robo-advice’; however we believe there is an opportunity to develop a model which creates the next generation of portfolio management services.”

It comes as part of a raft of developments in robo advice, with Intelliflo recently unveiling its own white-labelled offering for advisers, while Tilney Bestinvest has also launched services for investors with £100 or more, and Hargreaves Lansdown said in September it was considering expanding its online investing tools.

Recommended

Ian-McKenna-in-2013-700.jpg
3

Ian McKenna: Nothing to fear from robo-advice

Digital advice is commanding increasing attention from regulators, consumer journalists and even politicians. Multiple speakers at the FCA’s recent three-day forum on the subject made it clear that it is not a matter of if, but when, these services become a major force in the UK personal finance industry. The sheer number of start ups […]

Tony Byrne to launch robo-advice service

Milton Keynes-based advice firm Wealth and Tax Management is planning to launch new virtual and robo-advice services from January. Managing director Tony Byrne estimates the firm will offer face-to-face services to savers with more than £250,000, while online advice is expected to target customers with more than £100,000 and robo-advice services to target those with more than £10,000. […]

Is this the endgame for the current mergers & acquisitions boom?

Last year, worldwide mergers and acquisitions (M&A) rose to an unprecedented $4.7tn, according to Thomson Reuters, a 41 per cent increase over 2014. Anthony Forcione, senior equity analyst at Loomis Sayles, an affiliate of Natixis Global Asset Management, looks at what’s been driving this particular wave of mergers. Click here to view full article: Loomis-Sayles

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment