United Kingdom · Question · Written question
HL HL12077
Financial Services: Artificial Intelligence
Introduced
18 November 2025
Last action
2 December 2025 · Answer
Status
Answered
Sponsors
—
Subjects
Artificial intelligence
Source updated
2 December 2025
Summary
To ask His Majesty's Government what assessment they have made of the risk to consumers using AI chatbots for financial advice, following the consumer study findings from Which? stating such tools provided inaccurate financial advice.
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Timeline
18 November 2025
Written question
To ask His Majesty's Government what assessment they have made of the risk to consumers using AI chatbots for financial advice, following the consumer study findings from Which? stating such tools provided inaccurate financial advice.
Source: Lords
2 December 2025
Answer
The government recognises that many people lack the support they need to make financial decisions and are increasingly turning to technologies such as general purpose large language models for help. Together with the Financial Conduct Authority (FCA), the...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2025-11-18/HL12077
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1854306
- uk · wq-1854306 · source updated 2 December 2025