Online Advice - nice if you know how to use it

Robo Advisers - automated on line investment advisory based on questionnaires filled in by investors - may appeal at first sight. But do not be seduced by low cost and ease of access. If you would sit in the cockpit of an air plane you would also be able to push all the buttons in front of you - but the trick is in knowing which one and at what time. Robo Advisers may offer more safeguards and could be the right choice 80 per cent of the time but do not rely blindly on them.