IFA begins bid to restore trust in financial services

clock

An independent financial adviser is spearheading a campaign to revive trust in financial services, which he said has reached "crisis point".

Shane Mullins, chief executive at Nottingham-based Fiscal Engineers, hopes The Question of Trust campaign can help the industry win back the support of the general public after the financial crisis and the unethical actions of some of its largest stakeholders.   The campaign has the backing of the Institute of Financial Planning, among other organisations. "There has been a damaging run on trust building up in the financial sector over many years," campaign founder Mullins said. "We are now at crisis point. If we fail to arrest these challenges, I fear we will breed a generation...

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 Regulation

FCA flags weak customer outcome focus in firms' monitoring frameworks

FCA flags weak customer outcome focus in firms' monitoring frameworks

Consumer Duty review found inconsistent governance and oversight

Sophia Panayi
clock 27 July 2026 • 2 min read
Open finance could pose 'existential threat' to advice market

Open finance could pose 'existential threat' to advice market

Consumer Duty Alliance tech forum attendees hear

Sophia Panayi
clock 23 July 2026 • 3 min read
New regulations and challenges in the EU and UK: What are advisers' next moves?

New regulations and challenges in the EU and UK: What are advisers' next moves?

Regulatory simplification vs expanding oversight

Bernadine Reese
clock 16 July 2026 • 4 min read