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The Treasury has appointed experienced FCA hand Christopher Woolard as its interim chief executive, replacing Andrew Bailey who is leaving in March to be Bank of England Governor.

A survey of 2,000 ‘Generation X’ individuals - those aged 39-54 - has revealed that 84% make key financial decisions alone or with their partner.

 

The FCA and Bank of England have set up a new industry forum to explore the benefits and risks of using artificial intelligence (AI) and machine learning (ML) in financial services.

The government-backed pension advisory Pension Wise says its users are more likely to use a financial adviser after taking guidance from the service.

The Personal Finance Society has revealed it has received 40 complaints about the conduct of claims management companies (CMCs) in less than a week.