CRA was asked by the ABI to conduct research into the market impact of encouraging Customer Agreed Remuneration (CAR) as a method for determining intermediary remuneration for financial advice. The objective was to assess its impact on actual or perceived bias resulting from the current remuneration models, and whether it encourages additional saving and greater provision of advice.
Managing Discrimination Risk of Machine Learning and AI Models
Businesses frequently rely upon predictive models to support or make decisions about investments, hiring and retention of employees, financial reporting,...