Old Mutual Wealth trials online advice service
Old Mutual Wealth is currently piloting an online simplified advice service developed in conjunction with advisers.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
A small group of businesses have agreed to take part in a pilot of the white-label service, which is designed to support advisers that want to offer a digital investment advice process to some of their clients.
Advisers using the technology continue to own the advice relationship and must set an appropriate advice fee, which is disclosed to the customer as part of the advice process.
Old Mutual Wealth customer director, Carlton Hood, said:
“At Old Mutual Wealth we are committed to extending the footprint of financial advice. Helping advisers to reach new customers through digital channel is an obvious place for us to explore.
“We will continue to develop the proposition along with a small number of advisers with a view to making the service more widely available in 2016, subject to demand.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Inflation
Inflation sees bigger-than-expected drop to 2.8% - but is it an outlier?
Bank Of England
Decision to hold interest rates an 'active choice', BoE's Bailey says
House Prices
House prices to fall 2% in 2026 as war in Iran 'fundamentally changes outlook'
Interest Rates
Case for hiking rates is growing, MPC member says
This week's biggest stories:
Inflation
Inflation sees bigger-than-expected drop to 2.8% - but is it an outlier?
Bank Of England
Decision to hold interest rates an 'active choice', BoE's Bailey says
House Prices
House prices to fall 2% in 2026 as war in Iran 'fundamentally changes outlook'
Interest Rates
Case for hiking rates is growing, MPC member says
CPD article
Beyond the Bank of Family: How lenders can unlock homeownership
In The Spotlight
'Bridging is no longer confined to a single point in a transaction': Henry Manley-Cooper, HTB
