Rise of the retirement advice robotsRSS icon

Written by FT Adviser

Simon Bussy, Principal Consultant told FT Aviser “The biggest risk by far — and one which the larger financial institutions in particular are extremely wary of — is that the algorithms used to provide the automated recommendations are later proved to be wrong,” he went on to say “This would be a systemic risk, as all customers who had used the service would be impacted.”

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