Almost all advisers feel unprepared for artificial intelligence (AI) integration despite believing it to be important for their business, according to Intelliflo.
The technology firm's Advice Efficiency Survey 2024 found nearly three-quarters (72%) of advisers said the integration of AI in their business is important and 95% feel unprepared due to a lack of required skillsets within their businesses. Despite this, nearly half (46%) of firms are either already using AI or have plans to incorporate it into their operations in the near future. "We're already seeing AI used in the advice process for notetaking during meetings and report writing, but that's just the start," chief executive Nick Eatock said. "AI technology will become far more pre...
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