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05

Overwhelming majority uncomfortable with financial robo-advice in the West

Open-access content 2nd June 2017

Just 2% of people would trust a fully automated robo-adviser to invest their money on their behalf, and only 26% would opt for robo-advice even if they got final approval on all decisions.

2

That is according to a report by ING, which reveals that one-third of the populations of Europe, the US and Australia do not want automated financial activities at all. Read the full article on our Predictions site here

This article appeared in our May 2017 issue of The Actuary.
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