UK wealth manager and price comparison site shares fall amid AI fears
Drop comes as AI firm Altruist launches service that helps advisers create personalised tax strategiesBusiness live – latest updatesWealth managers and price comparison sites have become the latest companies to be hit by fears that their businesses will be disrupted by new artificial intelligence...
<p>Drop comes as AI firm Altruist launches service that helps advisers create personalised tax strategies</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/feb/11/markets-us-jobs-report-non-farm-payrolls-bank-of-england-business-live-news-latest">Business live – latest updates</a></p></li></ul><p>Wealth managers and price comparison sites have become the latest companies to be hit by fears that their businesses will be disrupted by new artificial intelligence innovations.</p><p>Shares in UK wealth management firms tumbled on Wednesday morning, after the AI company Altruist Corp launched a service that it said helps advisers create personalised tax strategies by reading clients’ pay stubs, account statements and other documents.</p> <a href="https://www.theguardian.com/business/2026/feb/11/uk-wealth-manager-and-price-comparison-site-shares-fall-amid-ai-fears">Continue reading...</a>
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