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Tech firm FNZ takes stake in robo-adviser

Sprouting-Money-Growth-Emerging-Currency-700.jpgTechnology firm FNZ has invested in robo-adviser Advicefront, which is also backed by other leading financial planning figures.

FNZ today announced it has completed a strategic investment in the company.

Advicefront, which is an automated advice platform, started in 2015 and its original investors include former Bloomsbury Financial Planning principal Jason Butler, Tilney investment director Charles McKinnon and consultant Brett Davidson, who is director of FP Advance.

FNZ doubles profits after scoring big name platform projects

FNZ chief executive Adrian Durham says: “We’re really excited about the potential for Advicefront’s technology to help ambitious financial services firms serve more clients, in a cost-effective way, while retaining the all-important human touch that customers want.”

Advicefront founder and chief executive Jose Supico says: “Having a company of FNZ’s calibre as a strategic investor in our business gives us the resources and support to accelerate our growth, so we can help more advice firms to reach more customers in a sustainable and profitable way.”



Robo-paraplanner launches for workplace pensions

Research consultants F&TRC have launched a workplace pensions robo paraplanner that will help employers find a new provider. According to F&TRC, advisers will be able to compare large numbers of workplace pension providers and offerings in a matter of hours. The robo-paraplanner will produce a report based on specific employer requirements. F&TRC director Ian McKenna […]


RBS returns to advice with robo offering

Royal Bank of Scotland has joined rivals like HSBC in launching an automated investment advice service for more than five million customers. The bank claims to be the first bank in the UK to launch a “fully regulated” robo-advice service, which will be under its NatWest brand. The service, live from Monday, is targeted at […]


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