Research conducted my MoneyFarm shows that 81 % of private investors think investment advice is slanted to generate fees pushing investors towards a DIY lifestyle . The robo - analysts concluded from the survey that high costs and the complexity of products deter investors . John Galvani , the firms Chairman and co - founder said both cost and complexity are both elements of the investment process that can be controlled ; adding the technology available today , these factors should no longer be a concern when it comes to investing . MoneyFarm has called on the fund management industry to lower charges to increase returns and encourage investors to save more .
Research conducted my MoneyFarm shows that 81% of private investors think investment advice is slanted to generate fees driving investors towards a DIY approach. The robo-advisor concluded from the survey that high costs and the complexity of products deter investors. Paolo Galvani, the firms Chairman and co-founder said both cost and complexity are both elements of the investment process that can be controlled; adding the technology available today, these factors should no longer be a concern when it comes to investing. MoneyFarm has called on the fund management industry to lower charges to improve returns and encourage investors to save more.