Seven firms form Digital Advice Group to support UK advice seekers
Seven digital advice businesses have joined forces to promote the benefits of financial advice and alternatives to traditional, face-to-face models.
Source: professionaladviser.com
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Automated advice: OpenMoney launches online annual review service
OpenMoney has updated its online advice proposition by launching a fully-automated annual review service for customers, prompting them to update financial details, investment goals and risk preferences at least once a year.
Source: professionaladviser.com
Vanguard "disrupts" UK retirement market with advice business
Vanguard “disrupts” UK retirement market with advice business Asset manager Vanguard has launched a financial advice business in the UK aimed at pensions savers. Vanguard Personal Financial Planning offers personalised investment advice for an all-in cost of 0.79% with portfolios managed by Vanguard. There are no other charges such as entry or exit charges, and investors with over £100,000 get access to financial planners while those with smaller sums above £50,000 – the minimum investment for eligibility for the service - will get a “digital financial planning experience with a per...
Source: funds-europe.com