This statistic shows the answers to a survey question regarding opinions on financial robo-advisors in the Benelux countries (Belgium, Luxembourg and the Netherlands) in 2017, by country. Robo-advisors or artificial intelligence (A.I.) making financial decisions is a relatively recent trend in the financial services industry. It is something health insurances in the Benelux experiment with, but on a small scale. When asked about the potential threat posed by robo-advisors to Registered Investment Advisors in the United States in 2016, approximately 53 percent of the respondents indicated they were not at all concerned about it. In 2017, more than half of the respondents from Luxembourg indicated they do no want any automated financial activities, which is higher than the 36 percent of European consumers who are against this idea.
Would you allow a robo-advisor to make financial decisions for you?
Characteristic
I don't want automated financial activities at all
I'd like a computer program to give me advice but not make decisions
If the decisions need final approval from me
I would like a computer to conduct financial activities without approval
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ING. (May 31, 2017). Would you allow a robo-advisor to make financial decisions for you? [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/724207/public-opinion-on-financial-robo-advisors-in-the-benelux-by-country/
ING. "Would you allow a robo-advisor to make financial decisions for you?." Chart. May 31, 2017. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/724207/public-opinion-on-financial-robo-advisors-in-the-benelux-by-country/
ING. (2017). Would you allow a robo-advisor to make financial decisions for you?. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/724207/public-opinion-on-financial-robo-advisors-in-the-benelux-by-country/
ING. "Would You Allow a Robo-advisor to Make Financial Decisions for You?." Statista, Statista Inc., 31 May 2017, https://www.statista.com/statistics/724207/public-opinion-on-financial-robo-advisors-in-the-benelux-by-country/
ING, Would you allow a robo-advisor to make financial decisions for you? Statista, https://www.statista.com/statistics/724207/public-opinion-on-financial-robo-advisors-in-the-benelux-by-country/ (last visited November 21, 2024)
Would you allow a robo-advisor to make financial decisions for you? [Graph], ING, May 31, 2017. [Online]. Available: https://www.statista.com/statistics/724207/public-opinion-on-financial-robo-advisors-in-the-benelux-by-country/
