AI and advice: Greater automation shouldn't mean less control

Artificial intelligence (AI) use is moving at speed, with Intelliflo's market-wide research finding that adoption among advice firms has jumped from 43% to 74% in a year. Our latest UK Advice Efficiency Survey showed that AI is most often used for notetaking and transcription (87%) and report writing (44%), though many firms are now starting to look at new ways it can help create efficiencies within the advice process.  However, the pace of change is creating some concerns. When I talk to advice professionals about AI, the main worry I hear is the perception that they're handing over ...