robo advice

Swiss bank to close robo advice service following “low demand”

Glarner Kantonalbank, a Swiss bank, will close its robo advice service, investomat.ch, at the end of November, citing a "low…

Lloyds to roll out robo-advisory proposition in 2020

British banking group Lloyds is set to introduce a mass-market robo-advisor service for clients next year. Clients with assets below…

Voya hops on the robo-advice bandwagon

Voya Financial Advisors, the retail wealth management unit of Voya Financial, has rolled out a hybrid robo-advice platform. Dubbed Voya…

Regulatory clampdown on untruthful robo-advisors will tarnish brand image

Three US robo-advisors are paying the price for misleading client acquisition tactics. Truth twisting has been punished by regulators, affecting…

Robo advice on the upward trend in US

American investors expect robo-advisory services to play an integral role in their investments, according to a report by brokerage firm…