Advisers Not Concerned About Robo Advice

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The growth of robo advice services isn’t a major concern for those who took part in our latest poll.

So far, 78% of those who cast a vote agree that automated advice doesn’t compete with the value they offer their clients.

However, 11% believe robo systems are competition for their services, and a further 11% said they weren’t sure.

Our poll follows a report that consumers are open to using a digital advice tool to ‘plug advice gaps’ (see: Affordability Remains Main Barrier…).

There’s still time to cast your vote in this poll, which closes on 13 December.

Robo advice services don’t compete against the value I deliver as a financial adviser.

  • Agree (81%)
  • Disagree (12%)
  • Not sure (8%)

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