The Financial Conduct Authority has reported growing reliance on AI among younger investors urging consumers to verify information independently rather than base investment decisions solely on AI outputs.

The Financial Conduct Authority (FCA), the UK’s financial services regulator, has found that younger investors are increasingly turning to artificial intelligence (AI) for investment guidance, placing greater trust in the technology than in traditional media outlets or social media personalities. Nearly three-quarters, or 73%, of respondents recognised that AI can provide inaccurate information According to FCA research focused on people aged 18 to 40 who either own investments or are