Wealth Wizards have been featured in an article on FT Adviser “LV expects return on robo-advice arm next year”. “John Perks, managing director of life and pensions at LV, told FT Adviser the provider might start making a profit on its robo-advice service very soon. He said: “Each time we get near to profitability we sign up another number of large schemes, so I think where we are seeing that small loss coming through is actually from positive reasons. “There is potential for breakeven next year, but if not it might be the year after. It is in the near term, there are very strong income flows coming in now.” LV acquired a majority stake in robo-adviser Wealth Wizards in 2015, and launched a robo-paraplanner tool last May, which helps firms provide retirement advice in less than two hours. Read the full article here.