March 27, 2017 Sharon Cronin

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This week's up is about Robo advice how one side it can help and one the other end of the debate is there a better choice? Also, are you going to need to keep working?

Advisers can cash in on new robo-advice options

Ian McKeena in Money Marketing talks about Robo advice, where it is right now and what are possibilities. There is a comment from us, as we do provide the option for clients to adjust their policies!

...There continues to be a small but vociferous minority that insists there is no place for digital advice in the UK....

...But judging by the number of phone calls and emails I am getting from firms asking who they should choose as their supplier, the majority are now looking to take advantage of the change that is underway....

Read more: Advisers can cash in on new robo-advice options

Forget about robos and chatbots – a bigger tech wave is breaking

I this piece from Ben Cocks in Pension Experts talks about the other option over Robo advice that could deliver better value to customers.

...In summary: accept that change is coming; embrace the idea of working with third-party services; seize the opportunity to simplify your operations; and leave the robo to the hipsters....

Read more: Forget about robos and chatbots – a bigger tech wave is breaking

Will State Pension Age Keep On Rising?

In the latest article from Chris Ball, he talks about if the UK state pension age could rise to 70.

...The longer term scenario is that for each periodic increase in average life expectancy, state pension age will nudge up a bit more to compensate, thus retaining an even balance between the proportion of our lives in work and retirement....

...If this happens, says the NAO, state pension age will need to reach 69 by 2056....

...Modelling this option the NAO says that state pension age would reach 70 by 2056....

Read More:
Will State Pension Age Keep On Rising?

 

robo-advice, robo-guidance

Sharon Cronin

Sharon is Marketing Manager at Exaxe. She oversees the global marketing activities of Exaxe which includes marketing communications, marketing strategy, digital marketing and public relations. Sharon holds a Bachelor of Arts in Economics and English and a Master of Science in Marketing.

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