How clients view advisers: Key stats from FCA study

Graphs and tables

clock • 1 min read

As the FCA publishes the second iteration of its "large-scale" Financial Lives survey, for which it interviewed 13,000 people face-to-face and online, PA pulls out the most eye-catching numbers for advisers

Professional Adviser reported on Wednesday how almost two-fifths (39%) of people had told the watchdog they trust financial advisers to act in clients' best interests, although the figure slightly differs between rural and urban areas. In the following graphs, however, we have pulled out the most interesting statistics from the data the Financial Conduct Authority (FCA) gathered from interviewees who had received regulated financial advice over the last 12 months. The data represents the views advised clients have on matters ranging from the cost of advice and how satisfied they are w...

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