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Nutmeg posted a pre-tax loss of £9m on a turnover of £1.7m in 2015, from a £5.3m pre-tax loss last year
The companies plan to distribute active funds using automated advice for the first time in Europe
Osborne’s savings account was not intended for people like me — but nevertheless I’ll open one
Nick Hungerford to move into a non-executive director role
MSCI has appointed Kathleen Winters as chief financial officer. She joins from Honeywell
Entrant aims to shake up the growing sector
Financial firms pick ‘gamification’ apps to sell services to the next generation of clients
Fund houses will have to rethink their products to win new money
Dozens of clients sent financial data and investment details of other people, investment firm admits
Bindesh Savjani joins Intermediate Capital Group as global chief risk officer
Nascent sector expanding fast in US and now in Europe, but still demand for face-to-face advice
Nutmeg attempts to win over customers from rival
Regulator declares war on jargon and information overload
Robo-advisers threatened to disrupt the wealth management industry, but so far have had little impact
New venture aims to offer better digital services than existing banks
Improvements to transfer process mean there is little justification for excessive exit fees
Investors look to a new breed of wealth manager: automated, low-cost money management providers
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