Financial advisers and planners will remain "vital" to Vanguard's future, says a senior UK executive at US fund manager Vanguard which has just launched a D2C investment service in the UK.

Smith & Williamson's fund management arm is to launch an actively managed, global artificial intelligence fund in June.

An investment firm has launched its first fully automated investment process wholly managed by artificial intelligence - designed to “eliminate human emotions”.

A Financial Planner believes that artificial intelligence can replace human advisers and will do so - to a certain degree.