Understanding self-attribution bias is key to improving financial decision-making. This bias leads us to credit success to our own skills while blaming failure on external factors. While it can protect self-esteem, it may also prevent learning from mistakes. In finance, this can result in overconfidence and missed opportunities. Becoming aware of this bias helps investors and advisers make more objective, data-driven decisions.

Artificial intelligence is rapidly reshaping the financial services industry. From automating time-consuming tasks to enhancing investment decisions and personalising client experiences, AI’s role is expanding fast. But alongside the opportunities come risks, including ethical concerns and regulatory uncertainty. Discover how finance professionals are adapting to this new era of innovation.