Advisory bot enters pension market

Nord Investments, an advisory bot, is entering the pensions market in an attempt to offer cheaper pension savings solutions.

Anders Hartmann, founder of Nord Investments. | Photo: Nord Investments/ PR

Saving up a pension should be cheaper - so Nord Investments, an advisory bot, is entering the market with its own pension solution, reports Finans.

The bot offers pension savings with a yearly cost of 0.65-0.85 percent through passively managed investment funds. Finans reports that this is around half the price of solutions offered by banks.

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