News
AI financial advice warning issued as experts urge caution for investors across Wales
Growing reliance on artificial intelligence tools could lead to costly mistakes, with professionals warning that key tax changes, personal circumstances and market risks may be overlooked without expert guidance
PEOPLE across Wales are being warned not to rely solely on artificial intelligence platforms for financial advice.
Accountancy and advisory firm Azets, which has offices in Cardiff, Swansea and St Asaph, says AI can be a useful starting point for gathering information, but should not replace professional advice when money, tax or investments are involved.
The firm has compared using AI for financial planning to searching health symptoms online instead of seeing a doctor.
AI can miss recent tax changes
The warning comes as rising taxes and a flatlining economy leave more investors looking for efficient ways to manage their money.
Alex Bolton, from Azets Wealth Management, said: “With the tax changes coming into effect from April, it’s natural that more people are seeking information and trying to understand their options.
“Technology, including artificial intelligence, can be a helpful starting point for gathering and summarising information, and it’s a tool we use internally in that context.
“However, AI should never be relied on in isolation. When researching financial matters it’s essential to check sources carefully and ensure information is accurate and up to date.”
Mr Bolton said the quality of AI responses depended heavily on how specific the questions were, adding that some platforms may not fully reflect recent UK tax changes.
He said AI could also confuse accounting standards, such as IFRS and UK GAAP, and may carry bias in the way investment ideas are presented.
Risk of over-confidence
The firm also warned that social media influencers discussing money and investments could lead people to place too much confidence in AI-generated information.
Mr Bolton added: “Some of the most important financial planning details are not publicly available online.
“In-depth financial planning reports, which consider an individual’s full circumstances, cannot be assessed or replaced by AI alone.”
Lewis Aldridge, a partner at Azets, said: “While AI gives a good steer and can be useful for forecasting there are real issues.
“It can be like using the internet for diagnosing health issues. It might be correct but there is a chance it’ll be wrong – especially if it isn’t carefully used.
“In due course the technology might be more reliable but at present we advise caution and that when it comes to money people should always take advice from a reputable financial professional.”
Azets is a UK top ten accountancy and advisory firm, with offices across Wales and the wider UK.
Crime
Retired vicar jailed after child images found on laptop
Former Powys clergyman claimed he had “nothing else to do” when police discovered prohibited material during unannounced visit
A RETIRED vicar has been jailed after police discovered prohibited images of children on his laptop during an unannounced visit to his home.
Andrew Robinson, 77, of Talybont-on-Usk near Brecon, was already subject to strict monitoring after admitting child image offences in 2025.
The former clergyman had previously received a suspended prison sentence, was placed on the Sex Offenders Register and made subject to a Sexual Harm Prevention Order following his conviction for possessing indecent images of children.
Officers from Dyfed-Powys Police’s offender management unit carried out a surprise compliance visit to Robinson’s home on June 9, 2026, as part of routine checks on registered sex offenders.
During the visit, officers found an open laptop displaying animated sexual images involving children.
When challenged by officers, Robinson claimed he did not believe the material was illegal. Following his arrest, he reportedly told officers he had been viewing the images because he had “nothing else to do”.
Robinson was charged with possessing a prohibited image of a child and with breaching the terms of his Sexual Harm Prevention Order.
Appearing before the courts the following day, he admitted both offences.
The breach activated the suspended prison sentence previously imposed on him. Robinson was jailed for a total of 12 months and 12 weeks and ordered to pay £187.
Detective Sergeant Paula Rutherford said the case demonstrated the importance of monitoring convicted sex offenders in the community.
She said: “The law is clear. Possessing this type of material is illegal, deeply concerning and contributes to the wider harm caused by child sexual exploitation.
“Some people wrongly believe there are no victims when animated images are involved, but viewing such material helps sustain demand for abusive content and can form part of a pathway towards more serious offending.
“The safeguarding of children and the protection of the public remain at the heart of our work. This sentence reflects the seriousness of Robinson’s actions and the effectiveness of proactive offender management.”
Robinson remains subject to notification requirements under sex offender legislation following his release from custody.
Crime
Drug trafficker must repay £33,000 after court rules he made nearly £500,000
A PEMBROKESHIRE drug trafficker jailed after a major cocaine and cannabis seizure has been ordered to repay more than £33,000.
Dean Evans, 44, returned to Swansea Crown Court for a Proceeds of Crime Act hearing after prosecutors sought to recover money made through his offending.
The court heard it had been agreed that Evans benefited from criminal conduct by £496,533.94. However, his available assets were calculated at £33,337.37.
Judge Catherine Richards made a confiscation order for that amount and gave Evans three months to pay. If he fails to do so, he faces a further year in prison.
Evans, of St Clements Park, Freystrop, is already serving an eight-year sentence after admitting possession with intent to supply cocaine and cannabis.
He was caught after Dyfed-Powys Police’s Roads Policing Unit stopped his Seat Ateca on Holyland Road, Pembroke, at around 10:25am on January 2.
Officers searched the vehicle after Evans admitted they would find “stuff” inside.
They discovered around one kilogram of cocaine in a cardboard box in the boot, together with 5.4 kilograms of cannabis in a black bin bag. The cannabis had been split into ten vacuum-sealed bags.
Swansea Crown Court was previously told the drugs had a combined potential street value of up to £185,000, made up of around £125,000 of cocaine and cannabis worth up to £60,000.
A mobile phone seized from Evans revealed what prosecutors described as a “dealer’s list”, with dozens of names and sums believed to be owed. Messages also showed Evans directing dealers below him in the supply chain.
At the original sentencing hearing, the court was told Evans had 23 previous convictions for 62 offences, including rape and robbery. His previous drug matters had related only to possession.
Sarah John, mitigating, said he had pleaded guilty at the earliest opportunity and had stayed out of trouble for a “fairly lengthy period”, with his last conviction in 2016.
Jailing Evans for eight years, Judge Paul Thomas KC said: “You are clearly a man with few criminal boundaries.
“You ensnared users and low-level drug dealers into debt, dragging them into a vicious circle of criminality.”
After sentencing, DC Phill Jones, of Pembrokeshire’s Serious Organised Crime Unit, said illegal drugs brought misery to local communities and would not be tolerated.
He said: “This sentence should serve as a stark warning to any others who are tempted into the illegal drugs trade. You will get caught and you will go to prison.”
Photo caption: Drugs seized:
Dean Evans was caught with cocaine and cannabis worth up to £185,000 in his car (Pic: Dyfed-Powys Police).
Community
Government hails rural 4G boost as Tenby signal concerns continue
MINISTERS have hailed the rollout of dozens of 4G mast upgrades across rural Wales, but recent concerns in Tenby show mobile coverage remains a live issue in Pembrokeshire.
The UK Government says a further 11 mast upgrades have been switched on in Wales this year through the Shared Rural Network, bringing the Welsh total to 55.
The scheme is aimed at improving mobile coverage in hard-to-reach rural areas, helping residents, businesses and visitors stay connected and access help more quickly in an emergency.
Areas benefiting from the latest upgrades include Nant Gwynant in Snowdonia, Capel y Ffin near Abergavenny, Manafon near Welshpool, and several locations across Powys.
Telecoms Minister Liz Lloyd said the programme was helping bring “every part of the UK into the digital age”, while Secretary of State for Wales Jo Stevens said reliable coverage was vital for rural communities and economic growth.
However, the announcement comes amid continuing concern about mobile phone coverage in Tenby, where residents and businesses have raised concerns about poor signal and mast-related issues.
Although the latest UK Government upgrades focus mainly on remote rural areas, the problems reported in Tenby highlight that connectivity remains a pressing issue in Pembrokeshire, particularly in coastal communities which see huge seasonal increases in visitor numbers.
Reliable mobile coverage is increasingly seen as essential for tourism businesses, delivery drivers, emergency services, residents and visitors who rely on phones for payments, bookings, navigation and safety.
The Shared Rural Network is a partnership between the UK Government and mobile network operators. Across Great Britain, more than 140 publicly funded 4G masts have now been activated.
The programme is due to continue until January 2027.
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