Technology

After being missed off TPA’s initial list

Value comes from continuity of service

AJ Bell and Parmenion choose not to sign up

Deliberate strategic decision

Signatories include Benchmark, Fidelity International and Quilter

AI is increasingly shaping the future of financial services

Why it's complicated to avoid AI in investment

Proposed regulations yet to clarify what is an ‘acceptable’ cash holding

Has ‘ready-made’ workflows, follow-ups, CRM updates and compliance checks

Could cost users ‘tens of thousands of pounds’