News
Advisers back AI but regulation to shape adoption
3+ hour, 27+ min ago (249+ words) Almost two-thirds of UK advisers are comfortable with artificial intelligence being used within investment platforms, but regulatory requirements will dictate how quickly it is adopted, according to research from GBST. The study found 62% of advisers are open to the use…...
CII reveals "labelling problem" as barrier to effective vulnerability management
4+ week, 1+ day ago (240+ words) The Chartered Insurance Institute (CII) says customer vulnerability management is an opportunity for firms in its latest "Road to Consumer Trust" report. In this context, proportionality refers to the principle that firms must comply with the Financial Conduct Authority"s (FCA)…...
AI could help firms scale advice without replacing advisers
1+ mon, 2+ week ago (335+ words) Financial advice will continue to rely on human expertise, with artificial intelligence playing a supporting role rather than replacing advisers, according to the founders of ammonite AI. Rob Harradine and Caroline Duff said faster delivery of advice will depend on…...
Roger Edwards: What cartoon avatars reveal about protection
2+ mon, 2+ day ago (883+ words) Last week, my Linked In feed turned into a cartoon gallery. It felt as though every second person in my network had asked Chat GPT to create a caricature of them based on their profile. Stylised advisers, underwriters and CEOs…...