US EditionLooking to AI for a financial plan? Take it more as guidance than gospel, experts say
WATERLOO REGIONAL MUNICIPALITY, ONTARIO, JUL 15 – AI chatbots help many young Canadians create budgets and financial goals but experts warn users to verify AI guidance due to risks including privacy and data security, experts say.
- In Canada, many people began using AI chatbots to map out budgets and financial goals, the Canadian Press reported July 15, 2025.
- Check Point's cybersecurity evangelist Jane Arnett cautioned about sensitive data exposure, noting Canada lacks legislation protecting AI users and data use remains unclear.
- Sun Life financial planner Katelyn Aitcheson said AI can offer a fairly accurate breakdown of money allocation, while Dasko described a use case planning vacation savings via ChatGPT prompts.
- To guard against inaccuracies, users should cross-check AI financial advice with a professional, Arnett noted, warning that vague prompts may lead to half-baked information.
- In the era of do-it-yourself investing, AI tools suggest a shift in financial planning, illustrated by Sun Life financial planner Katelyn Aitcheson, who recalled a client using AI to compare insurance options.
Insights by Ground AI
Does this summary seem wrong?
18 Articles
18 Articles
Winnipeg Free Press+16 Reposted by 16 other sources
Looking to AI for a financial plan? Take it more as guidance than gospel, experts say
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
Read Full ArticleCoverage Details
Total News Sources18
Leaning Left10Leaning Right0Center1Last UpdatedBias Distribution91% Left
Bias Distribution
- 91% of the sources lean Left
91% Left
L 91%
Factuality
To view factuality data please Upgrade to Premium
