What are the dangers with AI making financial decisions?

About this episode

The episode discusses the potential dangers of AI in making financial decisions and the implications of the Mills Review.

In January 2026, the FCA announced the launch of the Mills Review. This is a major consultation examining how advanced AI will reshape retail financial services by 2030 and beyond. But what are the dangers if people get it wrong when it comes to making financial decisions? Joining FT Adviser editor Simoney Kyriakou on this episode of Margin Notes is Greg Davies. He is head of behavioural finance at Oxford Risk, and author of Behavioural Investment Management. This podcast will qualify for 40 minutes CPD and you should be able to explain what the Mills Review aims to do, outline various areas where UK financial services needs to embrace AI, and list some of the potential dangers for financial services providers if they get AI wrong.  The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments , pensions , regulation and other key issues. Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Host: Simoney Kyriakou

Guest: Greg Davies

Topics covered

• AI
• financial decisions
• Mills Review
• behavioural finance

Keywords

• FCA
• retail financial services
• 2030
• UK financial services

Mentioned in this episode

Products: Behavioural Investment Management

Places: UK

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