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Prospective clients using AI tools to find financial advisers

According to Defaqto Engage

More than two-fifths are now using AI, Intelliflo has found

AI and technology skills gap poses ‘real threat’, minister says

Stephen Jones will be stepping down from the role in August

Some changes appear to be ‘lacking in any substance,’ commentators say

Bank accused of missing basic due diligence checks as £34m was deposited into WealthTek client account

To help consumers make better financial decisions

Regulator asked to report on how well rules are working

Charging structure overhaul ‘proves’ otherwise, he says