{"id":1030,"date":"2017-11-06T11:36:10","date_gmt":"2017-11-06T11:36:10","guid":{"rendered":"http:\/\/www.recruitment-connection.co.uk\/?p=1030"},"modified":"2017-11-06T12:05:44","modified_gmt":"2017-11-06T12:05:44","slug":"ifas-remain-resilient-despite-rise-in-robo-advice","status":"publish","type":"post","link":"https:\/\/www.recruitment-connection.co.uk\/index.php\/2017\/11\/ifas-remain-resilient-despite-rise-in-robo-advice\/","title":{"rendered":"IFAs remain resilient despite rise in robo-advice"},"content":{"rendered":"

Despite the rise in the use of robots as employees in the workplace, IFAs remain adamant that such technology will not replace their human face-to-face investment advice.<\/h2>\n
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Although robots and automation are increasingly infiltrating the financial services industry, experts argue that there are certain matters which robot advice cannot be used for<\/span>; robo-advice generally focuses on investments which relate more to saving money rather than providing advice<\/span>. For the sale of financial final products, clients require face-to-face advice…<\/p>\n

Additionally, robo-advisers lack the learning and experience<\/span> which is picked up on the job while working in the marketplace. Robo-advisers also lack the ability to adapt<\/span> to a client’s response and body-language during meetings…<\/p>\n

However, there remains the argument that robo-advisers will save people money<\/span> and may be appropriate for the absolute bare basic investor. The robo-advisers have proved that they are able to look at volatility in the market and allocate accordingly…<\/p>\n

The conclusion appears to be that if people want to pay a low price they’ll choose the robots. Conversely, those wanting\u00a0 a more detailed report will be willing to pay for a higher price and choose face-to-face advisers…<\/p>\n

\"\"<\/a><\/p>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Despite the rise in the use of robots as employees in the workplace, IFAs remain adamant that such technology will not replace their human face-to-face investment advice. Although robots and automation are increasingly infiltrating the financial services industry, experts argue that there are certain matters which robot advice cannot be used for; robo-advice generally focuses on investments which relate more to saving money rather than providing advice. For the sale of financial final products, clients require face-to-face advice… Additionally, robo-advisers lack the learning and experience which is picked up on the job while working in the marketplace. Robo-advisers also lack… <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"twitterCardType":"app","cardImageID":0,"cardImage":"","cardTitle":"","cardDesc":"","cardImageAlt":"","cardPlayer":"","cardPlayerWidth":0,"cardPlayerHeight":0,"cardPlayerStream":"","cardPlayerCodec":"","footnotes":""},"categories":[58],"tags":[36,68,60,42,84,92,178,85,102,192,103,19],"class_list":["post-1030","post","type-post","status-publish","format-standard","hentry","category-financial-services-news","tag-advice","tag-advisers","tag-employees","tag-employment","tag-financial-services","tag-financial-services-news","tag-ifa","tag-investment","tag-recruitment-connection-ltd","tag-robots","tag-simon-bean","tag-staff"],"_links":{"self":[{"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=1030"}],"version-history":[{"count":2,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1030\/revisions"}],"predecessor-version":[{"id":1033,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1030\/revisions\/1033"}],"wp:attachment":[{"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=1030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=1030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=1030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}