Artificial Intelligence (AI) is driving considerable change across many industries, including pensions, and whilst there are significant potential benefits available, the risks are real as well. Jo Fellowes explores where AI is currently being used and developed in the pensions industry and considers the changes in Trustee governance required to oversee data, security and cyber risk as AI use continues to evolve.
This article explores some of the following areas:
- How is AI being used in the pensions industry?
- How do pension trustees need to adapt to AI?
- What are the governance implications of AI?