Advisers are calling for enhanced compliance processes to use artificial intelligence (AI) for financial advice provision, according to a survey by AdviserSoftware.com.
Its poll of more than 100 attendees at its inaugural Artificial Intelligence in Financial Advice conference found that 57% of advisers would like to see enhanced compliance processes to use AI for financial advice provision. Two years on from ChatGPT launching to the public on 30 November 2022, 66% of those surveyed at the conference view the future of advice as a service that will be primarily delivered via an online client portal, with virtual access to the adviser via an online service. This will be to provide clients with the benefit of accessing personal information about their fina...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
