Written by Peer2Peer Finance News
The P2P industry is set to do for financial services what disruptors like Airbnb, Uber and Amazon have done for the retail economy, according to a study by financial services consultancy firm Altus Consulting.
Half of the companies in the first wave of the Financial Conduct Authority's advice unit have either launched a low-cost advice service or will be doing so imminently.
Over the last ten years it has become increasingly possible to turn bright technology ideas into smooth, working, scalable solutions, writes founding director of Altus, Kevin Okell.
A new piece of legislation is expected to help banks re-enter the advice market and consolidate their clients’ pension assets.