TSB research: more than half of those following social media financial advice lost money
New research by UK bank TSB finds that more than half of adults who acted on financial advice read on social media lost money. A Portfolio article examines young investors' trust in AI.
Who is affected and how
- retail customer
- Following social media or AI-based investment advice without checking it risks losses.
- banking professional
- It is worth providing young customers with credible, verifiable investment information.
Sources
- Are young investors walking into a dangerous trap? More and more people are entrusting their money to artificial intelligence - Portfolio.huportfolio.hu · Aug 10, 2026 · magyar
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