Assessing the value of advice

Global demand for high-quality, cost-effective financial advice is growing. In many countries, increasing reliance on defined contribution systems means more households will be retiring with substantial savings and will need affordable and effective help in managing them. More broadly, the financial services industry faces rising demand to improve client outcomes and value for money. New robo- and hybrid advisor services have emerged to address these concerns, using technology to expand their reach and improve their effectiveness.