Do you want a ‘feelgood’ Isa? What an INJUSTICE: Readers best app to invest money insurer Ageas for denying a payout to family whose home burnt down So now will they cough up? Is this the end of Bargain Booze?
INVESTMENT CLINIC: I want to start a stocks and shares Isa – should I rush to beat the tax year end? Beat cash Isa deadline with top fixed deal at 1. How to find the best robo-adviser to invest with – and do they really offer financial advice? Read this: How to find the best robo-adviser to invest with – and do they really offer financial advice? Logan’s Run, Blade Runner, The Terminator and other dystopian Hollywood films suggest that the rise of the machines is something that should be feared. But in the world of finance, the robo-adviser is widely considered to be good news for those who have felt priced out of traditional investment advice – or who want to tap into new technology to invest.
A whole host of online investment firms have cropped up in recent years, offering to help you pick and manage a portfolio, meet your financial goals and make money – all for a ‘modest’ fee. And they have been become known as robo-advisers. Nutmeg is the most established robo in the UK and is a recognisable name to some Londoners, who have been exposed to the brand through its countless tube adverts. These services tend to be lumped under the bracket of robo-advice, but what do they actually do, how do you find the right one and do they really offer financial advice?