Although existing customers can still log in, UBS says in a statement that, while it is "satisfied" with the commercial progress of the service, "at this time we believe the near-term potential is limited and have therefore decided to close our digital-only offering in the UK". SmartWealth aimed to take advantage of technological advances to bring wealth management service to a "new group of clients", requiring a minimum investment of just £15,000.

https://www.finextra.com/newsarticle/32587/ubs-closes-smartwealth-robo-advisor-sells-tech-to-sigfig?utm_medium=rss&utm_source=finextrafeed&utm_source=Autonomous+NEXT&utm_campaign=3b07313a28-EMAIL_CAMPAIGN_2016_11_04_COPY_01&utm_medium=email&utm_term=0_c8cf357092-3b07313a28-100486905