Financial Services: Artificial Intelligence
Lords · Question HL3375 · Tabled 9 Sep 2026 · Treasury · Official record
Answered 23 Sep 2026
Question
Asked by Lord Taylor of Warwick
To ask His Majesty's Government what steps they are taking to ensure that consumers using artificial intelligence for financial planning receive appropriate safeguards against inaccurate or unsuitable advice.
Answer
Answered by Lord Pitt-Watson, 23 Sep 2026
The Government wants consumers to be able to access high-quality support to make informed decisions about their finances and is committed to the safe adoption of AI in financial services, including financial guidance and advice. We support a principles-ba...