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UK financial sector must be ready for technology-driven changes, FCA says

( March 20, 2026, 11:55 GMT | Official Statement) -- MLex Summary: The UK financial sector must be ready for the behavioral shifts driven by consumers' increased use of technology, including AI, the Financial Conduct Authority has said. “As technology makes people much more aware of — and able to act on — their financial wealth, what happens next?" FCA chief Nikhil Rathi said in a speech, citing the use of technology to understand pensions and investments. He said that this is an “opportunity” to modernize systems across the industry.Statement is attached....

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