Aberdeen Standard Investments has launched a new fund that utilises machine learning to identify sources of potential returns.

A leading pensions administrator has called for “reinvention” in the sector to prepare for the future. 

A new artificial intelligence programme named after the genius that cracked the Nazi’s enigma machine has been launched with the promise that it will ‘revolutionise the UK’s advice sector’.

CleverAdviser, a cloud-based fund analysis software for IFAs which uses artificial intelligence, has reported passing the milestone of £1 billion of clients’ assets on the process.