PensionBee study shows 57% of Americans follow chatbot money advice without checking

• PensionBee research flagged rising reliance on AI chatbots for personal finance decisions, with 57% of users acting on advice without verification.
• Survey found 23% received wrong money information from a chatbot; 5% discovered the error only after acting.
• High-stakes use included investment allocation (18%) or a retirement age (15%) based on chatbot guidance.
• Despite privacy concerns reported by 53%, users shared sensitive financial data, including balances (17%) or statements (8%).
• Generational split showed 66% of Gen Z willing to let AI act autonomously, versus 47% of Baby Boomers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pensionbee Group plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609170903PRIMZONEFULLFEED9828948) on September 17, 2026, and is solely responsible for the information contained therein.