Illustration: 123rf.com
Are investments transacted via phone apps inherently problematic and strewn with pitfalls? British funds are grappling with the issue, caught between the inevitability of technology and the question of feduciary safeguards.
BRITISH fund firms are falling behind in the so-called “fintech” revolution, amidst fears that a boom in investment via phone apps could spawn the next financial mis-selling scandal.
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