I have to confess that I am in two minds on the rapid spread of AI into regulation, despite assurances from the FCA that it will help cut down on admin and generally be a boon.

Professional body the Chartered Insurance Institute (CII) has called on financial services firms to educate all employees on the potential opportunities - and risks - of artificial intelligence (AI).

The majority of independent financial advisers say they have no plans to add artificial intelligence (AI) to their client services in the next year, despite seeing the technology as an opportunity.

Four in five finance professionals (85%) are already using AI-powered Financial Planning and analysis software, according to a new survey.

Remote IFA firm TFAS Wealth has linked with fintech Aveni.ai to add AI solutions across its UK business offering.