Financial services trusted less than second-hand car salesmen

Laura Miller
clock

The investments, pensions and securities market is the least trusted by UK consumers, and thought as honest as the second-hand car industry by Europe.

Only estate agents and second hand car salesmen rank lower in the UK, according to the EU-wide autumn 2010 Consumer Markets Scoreboard. Financial services, estate agent services and internet service provision are the markets most likely to be failing consumers across the EU. Among goods markets, second-hand cars scored lowest. The Scoreboard ranks 50 consumer markets - from food to domestic appliances to car repair - in all EU countries by looking at comparability, consumer trust, consumer satisfaction, problems, complaints, the ease of switching providers and prices. Investment...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Why advisers shouldn't rush into private markets

Why advisers shouldn't rush into private markets

'There's only so long the hamster wheel can keep turning'

Justin Cash
clock 15 December 2025 • 4 min read
Adviser workload set to rocket ahead of IHT on pensions changes

Adviser workload set to rocket ahead of IHT on pensions changes

Large volumes of clients will need reviews of financial plans

Isabel Baxter
clock 15 December 2025 • 3 min read
Advising silver splitters: Legal insight for older clients getting a divorce

Advising silver splitters: Legal insight for older clients getting a divorce

Why is divorce becoming more common in older clients?

Katharine Bundell
clock 15 December 2025 • 4 min read