In recent years, robo-advisors have revolutionised personal investing, attracting millions with their promise of automated portfolio management, low fees, and user-friendly interfaces. However, as we delve deeper into the 2020s, it seems the tide is turning. B2C robo-advisors are witnessing a significant slowdown in growth, facing challenges such as market saturation and rising consumer expectations for personalised services. As decision fatigue sets in and investors question the effectiveness of automated strategies, many are shifting towards hybrid models that blend technology with human touch. This evolution compels retail investors to reassess their strategies, prioritise financial education, and explore emerging alternatives like peer-to-peer investment platforms and self-directed options. The landscape of investing is evolving, and savvy investors must adapt to seize new opportunities for financial growth.

Investing in index funds has gained immense popularity among retail investors, thanks to their low costs and diversified risk profiles. These funds offer exposure to a broad selection of stocks while allowing investors to reap the rewards of overall market performance. One crucial aspect to consider when selecting an index fund is its expense ratio— the annual fee as a percentage of assets managed. This article dives into the seven best index funds with expense ratios under 0.05%, making them appealing options for savvy investors seeking financial growth. With low expense ratios directly affecting your returns, focusing on these funds can help maximise your investment gains over time. Choices like the Vanguard S&P 500 ETF (VOO) and Fidelity Zero Total Market Index Fund (FZROX) not only underscore the importance of low fees but also cater to various investment strategies, from broad market exposure to international diversification. By prioritising these funds in your portfolio, you can build a strong financial foundation while keeping costs to a minimum. Start your investing journey today!