FCA finds 4 in 5 less-experienced investors use AI for investment decisions, while 44% wrongly believe AI-generated financial information is regulated, raising risks of scams and manipulation

FCA research among 18- to 40-year-old current or prospective investors found that 80% of less experienced investors have used AI for investment support, with 56% trusting AI tools and two-thirds expecting to increase their use over the next year. However, 44% incorrectly believe AI-generated financial information is regulated, 38% consider it acceptable to make investment decisions solely on AI outputs and 32% expect access to…