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Actuarial Post's Digital Magazine Issue 94
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Outside of tech and data driven companies the concept of Artificial Intelligence (AI) divides people. On the one hand you have companies like AvatarMind creating robots for children’s education and Elder care, which are fantastic concepts and who wouldn’t want to get behind that?On the other hand, you have overly-dramatic sci-fi films continue to portray AI as a potential catalyst for mankind’s annihilation only to be averted by last-minute superhero-intervention.
The Personal Finance Society (PFS) has seen more than 600 advice firms sign up to its Pension Transfer Gold Standard (PTGS) since it was announced in April, of which we are one. While this affords great satisfaction to each of the advice firms whose application has been accepted, the important point is what it offers to our clients.
A couple I know were burgled before Easter. It was a professional job - the burglars left the bleach and cloths they used to wipe away their fingerprints. It was blatant, in broad daylight, smashing through a locked bi-fold door. Like most home insurance claimants this couple had insured their home contents year after year without really giving thought to the value of what they owned. Now they have begun the long and painful process of working out what was lost and reaching settlement with their insurer.