Advisers are more concerned with business challenges than client retention.
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The news of Vereker's departure has fuelled more speculation over Santander UK's future plans.
The platform detects early signs of financial distress and predicts risks to help financial institutions deliver personalised support.
The bank plans to refocus on its core strengths in Asia and the Middle East.
The financial services sector is well positioned to harness generative AI, UK Finance says.
HNW men still take the lead when it comes to active involvement with financial advisers about their wealth.
Researchers asked the AI chatbot 100 finance-related questions, and its answers were reviewed by industry experts to confirm accuracy.
UK GDP has increased for the first time in three months.
30-year gilts yields are at their highest level since 1998.
One in six recent divorces (280,000) were delayed for financial reasons.
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