Financial Firms Show Interest Uptick in Generative AI
A Broadridge study found 72% of financial services firms reported making ‘moderate to large’ investments in generative artificial intelligence in...
Tag: AI
Summit Financial Adds Eight AI-Driven Tools to Adviser Platform
The artificial intelligence-powered tools focus on adviser workflows, including lead generation, digital marketing automation and merger and acquisition analytics.
Wealth Tech Company InvestCloud Launches AI-Enabled Solutions Aimed at Financial Advisers
The company intends to create a new generation of offerings to improve advisers’ productivity.
Humans, Not AI, Trusted by Participants With Financial Tasks
Nearly half of respondents in a Northwestern Mutual survey preferred financial advisers who understood and used artificial intelligence, but most...
Wealth Management Industry Faces ‘Talent Crisis’ Amid Growing Need for Financial Professionals
Early-career advisers said firms should invest in AI and branding to attract and retain talent, according to the annual J.D....
Despite Enthusiasm, Employees Underwhelmed About AI’s Potential
According to two different surveys, employers must go beyond just providing access to AI and do more to train their...
Embracing AI to More Efficiently Process Retirement Plan Documents
Artificial intelligence seems to be everywhere, with seemingly endless applications. However, many in the retirement plan industry are still figuring...
FinTech, AI Tools to Ease Administration and Expand Financial Planning Access
At a recent conference, fintech leaders discussed how artificial intelligence and technology can both improve retirement plan administration and provide...
New AI Retirement Planning Tool Aims to Transform How Americans View Their Futures
The UCLA professor Shlomo Benartzi’s new visualization tool, unveiled at PLANADVISER’s national conference in November, is designed to inspire optimism...
Plaintiff Lawyers Can Now Use AI To Identify Potential Plan Issues
Tech and legal firm Darrow uses AI as a tool for ERISA lawsuit allegations such as underperforming plans, excessive fees.
SEC Considering Modified Version of Much Maligned Predictive Data Analytics Proposal
The regulator’s chair noted that withdrawing the proposal is not under consideration.
HSAs: Holistic Education and Targeted Outreach
Advisers and plan sponsors should embrace holistic financial wellness and targeted outreach when engaging participants about health savings plans.
2 Advisers Fined for ‘AI Washing’ Marketing Violations
Delphia and Global Predictions were fined a combined $400,000 for marketing rule violations related to their use of artificial intelligence.
OneDigital’s AI Experiment: A ‘Cheppy’ for Everyone
The advisory created an artificial intelligence-powered version of a retirement plan adviser to show the technology’s potential—while making it clear...
SEC Unlikely to Abandon Predictive Analytics Proposal, Says Outgoing Division Director
William Birdthistle, the Securities and Exchange Commission’s current director of investment management, told an IAA conference the SEC will continue...
How AI Will Change the Retirement Industry, and How It Won’t
A PensionPro executive explains that while AI will make third-party retirement administrators more efficient and effective, human advisers and administrators...
Senate Bill Would Block SEC Predictive Analytics Proposal
Many industry leaders in retirement planning have called for a full or partial withdrawal of the proposal.
TIFIN, Franklin Templeton Launch Financial Wellness Solution
Artificial intelligence-powered TIFIN @Work offers advice to help employees improve financial outcomes.
Candidly Launches Emergency Savings Solution
The education debt management platform expands with ‘more inclusive solution’ available as one of its SECURE 2.0-based retirement options.
US Workers Expect AI to Extend Human Longevity, Increase Retirement Needs
A Nationwide survey found that Americans are bullish on artificial intelligence but less confident in their ability to pay for...