The Treasury and the Financial Conduct Authority are assessing the benefits of an automated service which could provide assist for smaller investorsA robot revolution could transform the way you manage your money within the next few decades – from instantly tailoring an investment portfolio to suit your circumstances,to sorting your tax affairs, debts and financial planning on your mobile device over breakfast.
According to a report last week from analysts at the Bank of America Merrill Lynch, or artificial intelligence is set to retract over a variety of jobs within 20 years,including financial advice.
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Source: theguardian.com