Technology Being Developed To Transform Advice

Technological innovation in the financial services industry has been mooted as one way to increase efficiency and reduce cost. Here we highlight the progress and expansion of several of these solutions that are being developed in the financial services sector, including for SoA's in financial advice. In further positive news for advisers, a recent survey has found “critical thinking and emotional intelligence” – a key strength of many financial advisers, will be a much sought after characteristic of advisory services in the short to medium term future.