This sort of development could be built on to reduce the advice gap
Goss added: "If you go down the value chain to the non-advised or transactional client market, you could essentially use some form of AI to help generate tailored financial information and engage the client/potential client.
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"Of course, in a regulated world you also need to be able to explain to the compliance director and the FCA what you've done and why you've done it, but that kind of technology is already out there and can help bridge that advice gap."
simoney.kyriakou@ft.com
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