Robo Advice is here to stay, now let’s clear up the confusion City Talk It may be a hot topic for investors, but what does the term “robo advice” actually mean? Here is some much-needed clarity from Netwealth COO and co-founder Thomas Salter. If you regularly read the Personal Finance or Money sections of any newspaper, it’s unlikely that you’ve escaped reading about robo advice. You’ll probably have heard [...]
Being smart about fees could extend pension income by 10 years City Talk Rising longevity and low interest rates are stirring up a perfect storm for investors – but a few smart decisions could help generate a sustainable income for an extra 10 years or more in later life. One smart move open to investors is to choose an investment vehicle whose costs will eat up less of [...]
Myths and legends: the bespoke portfolio City Talk Britain’s wealth management industry is in need of big overhaul. The bespoke portfolio – which is more likely to underperform than a centrally managed portfolio and cost clients more – illustrates why this industry is ripe for change. Imagine you take your pension and ISAs to a typical wealth manager. Arrive with £50,000 or £100,000 [...]