In Focus: Modern financial planner  

FCA: Willingness to pay for robo-advice outweighs benefits

“Market-based solutions are inherently limited because lenders’ profits are a non-monotonic function of borrowers’ debt. 

“Consequently, the supply of robo-advice tools focused on loan repayment might require government intervention or entry by private providers unaffiliated with lenders.”

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ruby.hinchliffe@ft.com