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View from Standard Life: Defining advice – advice vs. activity and execution

Well, the advice gap is now officially acknowledged, but, is FAMR correct that technology is the answer? Of course it is. The advance of technology is inevitable and automation brings efficiencies. Denying this is akin to trying to push water uphill – ultimately futile. The term ‘robo-advice’ is highly misleading as it implies human advisers […]

Treasury urged to rethink Lifetime Isa bonus rules

The Treasury is being urged to rethink the way it pays the Lifetime Isa Government bonus so investors do not miss out on valuable investment returns. The Lifetime Isa, unveiled by Chancellor George Osborne in the March Budget, will allow investors under 40 to save up to £4,000 a year and receive a 25 per […]

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UK GDP revised up but current account deficit widens

The UK economy ended 2015 with a better-than-estimated outlook, the latest data from the Office for National Statistics indicates. GDP figures show the country grew by 0.6 per cent in the fourth quarter of 2015 instead of the 0.5 per cent reported last month, the ONS says. The growth was dependent on the services sector […]

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