30th July 2024

You Gov: Here’s what Britons are saying about AI's role in finance

A recent YouGov survey of 2,097 British adults delved into their awareness, trust, and expectations regarding role of AI in finance. The findings offer a nuanced view of public opinion on this technology.

The term AI is widely recognized, with 91% of respondents indicating they understand it. However, awareness of AI in finance services is less widespread, with only 37% of adults knowing the extent of its usage in the sector. When it comes to trust, a significant 64% of British adults prefer a human touch over AI for managing their money, while just 11% are more likely to trust AI.

Read more

Business Development

Registration

Free Registration and CPD

Related Articles_

Fidelity Adviser Solutions: Helping clients with their financial wellness


If you’ve ever felt that clients’ money worries run deeper than the numbers, this five part video series from Fidelity Adviser Solutions is for you. Each short session shares practical, real-world ideas you can use straight away to spark better conversations, boost confidence, and make planning feel clearer and more human for you and your clients. Watch now

Read More

Client Centred Advisers: Why money is never just about money


Perhaps one of the most important things to understand about money is that people don’t experience it rationally. They experience it psychologically.

Read More

Client Centred Advisers: Helping clients stop living in life’s waiting room


One of the most common assumptions people make is this: “I’ll be happy when…” I’ll be happy when I can retire. I’ll be happy when the mortgage is paid off. I’ll be happy when I have enough money. I’ll be happy when I can work less. I’ll be happy when I’ve achieved financial freedom. At first glance, these seem like perfectly reasonable goals. In fact, many of them are exactly the kinds of goals financial planners help clients work towards every day.

Read More

You need to be logged in to comment on this article